Nvidia gives Intel a lifeline with $5 billion common stock deal — September deal gets FTC approval for more than 217.4 million Intel shares at $23.28 per share

Intel, Nvidia.

Back in September, Nvidia announced a historic equity investment into Intel worth $5 billion, joining the U.S. government in lending a lifeline to the floundering American chipmaker. Today, Intel has officially sold 214.7 million shares to Nvidia at $23.28 per share, reports Reuters. At the time of the original announcement, that number was 6% above market price, but it's now 36% below what Intel is currently trading at.

The purchase was cleared by the FTC in early December, so it was only a matter of time before we received this news. Intel is worth $172.67 billion at the time of writing, a drastic recovery from 2024 and much of 2025, where it had been valued as low as $82.71 billion.