Nvidia will invest $5 billion through purchases of common INTC stock at a price of $23.28 per share.
Nvidia, the largest public company in the world by market cap, said it will invest $5 billion in Intel. Nvidia, the world's largest public company by market cap, said it will invest $5 billion in Intel.
The two companies plan to develop custom data center and PC products, combining Nvidia's artificial intelligence capabilities and Intel's CPU technologies. Having dominated the CPU market for decades, Intel has not enjoyed comparable success as the computing market becomes more focused on AI. Nvidia , the world's largest public company by market cap, said it will invest $5 billion in Intel and work with the chipmaker on developing custom data-center and PC products as artificial intelligence becomes more pervasive. The Santa Clara, California-based maker of the graphic processing units that underpin AI computing will buy shares of its neighbor at $23.28 each, 6.5% lower than Wednesday's closing price of $24.90, While Nvidia is known for its GPU production, Intel was a leader in developing microprocessors and entered public consciousness as the provider of central processing units that drove IBM-compatible microcomputers. Its fortunes have declined as AI, with its intensive computing requirements, has taken root. Intel stock surged 24% on Thursday, taking its market cap to $143 billion. That's just a fraction of the $500 billion it boasted in 2000, according to companiesmarketcap.com. Nvidia, with a value of $4.23 trillion, rose 1.85%.watches Nvidia's performance with a keen eye as a proxy After three years of rebuilding, decentralized finance has returned to pre-Terra levels with more measured growth and rising institutional adoption.Ethereum holds 59% of DeFi capital, while Base, HyperLiquid, and Sui collectively top $10 billion in TVL. Yields are down to single digits on major protocols, signaling a maturing market compared to Terra’s unsustainable 20% promises. Despite recovery, $2.5 billion was lost to hacks and scams in the first half of 2025, keeping security and investor protection as the sector’s biggest test.Arca CIO on Why Crypto’s 2025 Rally Isn’t a True Bull Market and Why Some Tokens Have OutperformedArca CIO on Why Crypto’s 2025 Rally Isn’t a True Bull Market and Why Some Tokens Have Outperformed
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nvidia to invest $5 billion in Intel; companies will work together on AI infrastructure and PCsNvidia announces a new partnership with Intel to work on custom data centers and personal computer products.
Read more »
Nvidia to invest $5 billion in Intel; companies will work together on AI infrastructure and PCsNEW YORK (AP) — Nvidia, the world's leading chipmaker, announced a new partnership on Thursday with struggling semiconductor company Intel.
Read more »
Nvidia to invest $5 billion in Intel; companies will work together on AI infrastructure and PCsNvidia, the world's leading chipmaker, announced on Thursday that it's investing $5 billion in Intel and it will collaborate with the struggling semiconductor company on products.
Read more »
Nvidia to invest $5 billion in Intel; companies will work together on AI infrastructure and PCsNvidia, the world's leading chipmaker, announced on Thursday that it's investing $5 billion in Intel and it will collaborate with the struggling semiconductor company on products.
Read more »
Nvidia to invest $5B in Intel and develop chips with onetime rivalSteve Kopack is a senior reporter at NBC News covering business and the economy.
Read more »
Intel stock surges over 30% after Nvidia takes $5 billion stakeIntel (INTC) stock is trading at its highest level since July 2024 on Thursday after news broke that the Artificial Intelligence leader Nvidia (NVDA) has taken a shine to the legacy chipmaker.
Read more »
