Nvidia (NVDA) Becomes a Top Intel (INTC) Shareholder With $5 Billion Strategic Bet

Nvidia Corporation (NVDA) has completed its $5 billion purchase of shares in Intel Corporation (INTC), according to a filing released on Monday. The deal was first announced in September and has now fully closed.

Nvidia paid $23.28 per share and received about 214.7 million newly issued Intel shares. As a result, Nvidia now owns close to 4% of Intel. The shares were sold through a private placement rather than the open market. This structure allowed Intel to raise fresh cash directly from Nvidia.

Meanwhile, NVDA shares rose 1.02% on Friday, closing at $190.53.

Why the deal matters

For Intel, the deal brings fresh funding after years of heavy factory spending, which reduced cash flow and limited investment in AI chips. At the same time, it strengthens a broader chip partnership between the two firms, and recent leaks from the YouTube channel RedGamingTec point to early results, including a Serpent Lake laptop chip that combines Intel CPUs with Nvidia graphics in one system.

This early design offers a first look at what the $5 billion partnership may deliver to consumers. Looking ahead, Intel plans to design CPUs that work closely with Nvidia GPUs across data centers and PCs. Meanwhile, Nvidia gains another major partner beyond Taiwanese chip suppliers and expands its reach across servers and personal computers.

Market and policy context

Earlier this month, U.S. antitrust agencies approved the investment. The Federal Trade Commission posted a notice confirming the clearance. After the closing was disclosed, Nvidia shares slipped about 1.3% before the open. Meanwhile, Intel shares were mostly flat after strong gains in September.

Overall, investors appear to view the deal as a steady support step for Intel. At the same time, Nvidia gains added flexibility without changing its core plan.

We used TipRanks’ Comparison Tool to line up both companies to gain a broader look at both stocks, and the chip industry as a whole.