Nvidia has completed its $5 billion purchase of Intel shares, following through on the deal first announced in September, according to a filing by the American semiconductor company on Monday. Under the terms of the agreement, Nvidia paid $23.28 per share for Intel common stock, acquiring over 214.7 million shares in a private placement.
The investment is widely seen as a significant financial boost for Intel, which has faced years of costly production expansions and strategic missteps that strained its finances. By securing this capital injection from the world’s most valuable AI chipmaker, Intel gains a strong financial lifeline to support ongoing operations and future projects.
The deal had previously received clearance from U.S. antitrust authorities, with the Federal Trade Commission confirming in December that Nvidia’s investment complied with competition regulations.
Following the announcement, Nvidia shares fell slightly by 1.3% in premarket trading, while Intel stock remained largely unchanged. Analysts view the transaction as a strategic alignment, reflecting Nvidia’s growing influence in the semiconductor sector and Intel’s ongoing need for capital to modernize its operations.
