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Nvidia Just Gave Intel a Vote of Confidence. Will That Keep Intel's Stock Rising?
Investopedia·2025-09-19 03:40

A 5billioninvestmentfromNvidiaandpledgetoco−developchipsfordatacentersandPCssentIntelsharessoaringThursday.SOPAImages/A^Contributor/GettyImages,BloombergA^/A^Contributor/GettyImagesCloseIsadealwithAIdarlingNvidiaenoughtowininvestorsovertoIntel′sstock?A5 billion investment from Nvidia and pledge to co-develop chips for data centers and PCs sent Intel shares soaring Thursday. SOPA Images / Contributor / Getty Images, Bloomberg / Contributor / Getty Images Close Is a deal with AI darling Nvidia enough to win investors over to Intel's stock? A 5 billion investment and a promise to co-develop chips for data centers and PCs from the chip designer at the heart of the AI boom sent Intel (INTC) shares soaring 22% to around $30 Thursday. That brought the st ...