Nvidia Buys Intel Corporation’s (INTC) Shares Worth $5 Billion, Here’s What You Need to Know

Intel Corporation (NASDAQ:INTC) is one of the Unstoppable Technology Stocks to Buy. On December 29, Reuters reported that Nvidia purchased Intel Corporation’s (NASDAQ:INTC) shares worth $5 billion. The share price went up by around 2% after the announcement. According to the report, this move is based on Nvidia’s previous announcement in September, where the company announced that it would buy Intel’s share at$ 23.28 per share to support its finances to enhance production capacity. On December 29, Nvidia ...