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NVIDIA takes $5 billion stake in Intel under Sept deal
short by Mansi Agarwal / on Monday, 29 December, 2025
NVIDIA has purchased Intel shares worth $5 billion as part of a deal announced in September, according to a filing. The world's most valuable firm bought over 214.7 million Intel shares at $23.28 apiece in a private placement. In September, both companies also agreed to jointly develop PC and data centre chips.
read more at Reuters