Overview

• Nvidia agreed to buy Intel stock for $5 billion at $23.28 per share in a deal that remains subject to regulatory approvals, with a Reuters-cited estimate putting the stake at about 4% after new shares are issued.
• The partnership spans multigeneration products that link architectures via Nvidia NVLink, including Intel-built Nvidia‑custom x86 CPUs for AI data center platforms and x86 PC SoCs integrating Nvidia RTX GPU chiplets.
• Nvidia told investors that TSMC will remain its primary fabricator, leaving the scope of any Intel foundry role uncertain despite the new collaboration.
• Intel shares jumped roughly 23% to a 52‑week high of $32.38 before closing at $30.57 on Thursday, while Nvidia rose more than 3% and rivals such as AMD and TSMC saw early declines.
• Four former Intel directors urged taking Intel private through a government‑and‑industry buyout and a restructuring that separates design and manufacturing, arguing the foundry could require up to $100 billion in new capital.