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Aditya Raghunath

Nvidia Just Officially Bought $5 Billion Worth of Intel Stock. Should You Buy INTC Too?

Intel Corporation INTC Nvidia

Nvidia (NVDA) has completed its $5 billion equity investment in Intel (INTC), the semiconductor giant confirmed in a filing on Monday. The announcement finalizes a deal first announced in September that positions the world's most valuable company as a roughly 4% stakeholder in its struggling rival.

The AI chip leader purchased over 214.7 million Intel shares at $23.28 apiece in a private placement, a price that now sits 36% below Intel's recent trading levels, according to the filing.

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