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Benzinga

Business

Chandrima Sanyal

Nvidia Bets $5B On Intel, But It's This Intel ETF That Stole The Show

Nvidia ETF Intel Corporation NVDA AMD

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Nvidia Inc (NASDAQ:NVDA) may have placed a bold $5 billion bet on Intel Corp (NASDAQ:INTC), but it was Intel's own leveraged ETF that stole the spotlight. The GraniteShares 2x Long Intel Daily ETF (NASDAQ:INTW) rocketed nearly 46% on Thursday, leaving Nvidia's counterpart ETF in the dust.

Intel is cashing in on its deal with Nvidia. Check its live prices here.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

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