Intel shares soar 30% in pre-market trade on Nvidia's $5 bn investment boost, strategic product collaboration
Nvidia will invest 23.28 per share. The investment is subject to customary closing conditions, including required regulatory approvals.Intel Corporation shares were hovering around 24.90 on Wednesday, down 1.5%.Ahead of the Intel said that both companies will focus on seamlessly connecting NVIDIA and Intel architectures using NVIDIA NVLink — integrating the stre ...