
According to Reuters, U.S. chip giant NVIDIA has completed a major equity investment in Intel, purchasing USD 5 billion worth of Intel shares under an agreement reached in September this year. Intel confirmed the transaction in a regulatory filing released on Monday (29), formally acknowledging that NVIDIA has finalized the investment.
The filing shows that NVIDIA acquired 214,776,632 Intel shares through a private placement at USD 23.28 per share, bringing the total investment to USD 5 billion. Following the deal, NVIDIA now holds around 4% of Intel's outstanding shares, making it one of Intel's key shareholders. The terms of the transaction are fully in line with the investment agreement announced earlier this year.
Industry observers see the move as a significant financial boost for Intel, which has faced mounting pressure in recent years due to strategic missteps and heavy capital spending tied to large-scale manufacturing expansion. The investment is widely viewed as strengthening Intel's balance sheet at a critical time for its turnaround efforts.
Intel also stated that U.S. antitrust regulators have approved NVIDIA's investment. Earlier this month, the U.S. Federal Trade Commission (FTC) confirmed it had completed its review of the transaction without objection.
In market trading, NVIDIA shares dipped about 1.3% in pre-market activity, while Intel's stock showed little immediate reaction.