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Nvidia buys $5 billion stake in Intel, planning AI chip collaboration
TechCrunch· 2025-09-18 22:31
Nvidia has agreed to buy a $5 billion stake in Intel as part of a broader deal to together develop “multiple generations” of data center and PC products.Nvidia will acquire the Intel stock for $23.28 per share, a slight discount on the companies previous trading price. According to Reuters, the deal would make Nvidia one of Intel’s largest shareholders, owning about 4% of the company. Intel shares were up as much as 30% in early trading on Thursday morning. The companies will integrate their two architectu ...