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Nvidia Closes $5 Billion Intel Stake, Formalizing 4% Holding and Chip Partnership

Regulatory clearance paved the way for fresh funding that Intel can put toward a CPU–GPU collaboration with Nvidia.

Overview

  • Nvidia bought about 214.7–214.8 million Intel shares at $23.28 each in a Dec. 26 private placement, resulting in roughly a 4% ownership stake.
  • U.S. antitrust review concluded earlier in December with FTC clearance, and Intel says the investment carries no special governance rights.
  • The multi‑year collaboration targets custom data‑center CPUs and PC chips that pair Intel x86 designs with Nvidia RTX GPU chiplets using NVLink.
  • The capital strengthens Intel’s balance sheet after years of heavy factory spending, and Intel shares have climbed sharply since the September announcement.
  • With Intel trading well above the fixed purchase price, Nvidia holds a sizable unrealised gain, while Monday trading saw Nvidia down roughly 1–2% and Intel little changed.