NVIDIA completed its previously announced $5 billion purchase of Intel shares. A filing confirmed the transaction on December 29, 2025. This deal stems from an agreement reached in September.
NVIDIA acquired over 214.7 million Intel shares. The purchase price was set at $23.28 per share.
The investment solidifies a strategic collaboration between the two semiconductor giants. They plan to jointly develop custom data center and PC products. This partnership will combine NVIDIA’s AI and accelerated computing expertise with Intel’s x86 CPU ecosystem to create next-generation solutions.
The immediate market reaction was muted. NVIDIA’s shares declined modestly in premarket trading following the announcement. Investors are weighing the long-term strategic benefits against the significant cash outlay and signals regarding capital allocation.