DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Nvidia Buys Intel Stake, Teams Up on AI Chips
Nvidia Buys Intel Stake, Teams Up on AI Chips

Nvidia Buys Intel Stake, Teams Up on AI Chips

Update: 2025-12-31
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Nvidia Invests $5B in Intel, Secures 4% Stake; Collaboration on Custom Products Amidst Intels ChallengesNvidia has completed its $5 billion investment in Intel, acquiring a 4% stake through a private placement of over 214 million shares at $23.28 each. This deal comes after Intels manufacturing struggles and high spending, with the stock up 90% this year but facing supply shortages. Nvidia and Intel will collaborate on custom data center and PC products, including Nvidia-designed x86 CPUs for AI setups and system-on-chips blending Intel cores with Nvidia graphics tech. Intels new CEO, Lip-Bu Tan, is implementing changes to improve performance. Analysts suggest holding Intel stock, with a price target around $37, as free cash flow is expected to improve by 2029. Checkout Solipillow.com

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Nvidia Buys Intel Stake, Teams Up on AI Chips

Nvidia Buys Intel Stake, Teams Up on AI Chips