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Nvidia Bets Big on Intel With $5B Investment
Yahoo Finance·2025-09-18 20:41

Zeng Yu / VCG via Getty Images Intel shares are soaring Thursday after Nvidia announced a 5billioninvestmentinthestrugglingchipmaker.KEYTAKEAWAYSNvidiaisinvesting5 billion investment in the struggling chipmaker. KEY TAKEAWAYS Nvidia is investing 5 billion in Intel and will co-develop chips for PCs and data centers, the companies announced Thursday. Nvidia said it will buy Intel common stock at $23.28 a share, around 7% below where they closed yesterday. Intel shares soared in premarket trading Thursday following the news. Nvidia shares also climbed. Nvidia (NVDA) is ...