Nvidia Corp. (NASDAQ:NVDA) has formally concluded its $5 billion purchase of Intel (NASDAQ:INTC) common stock, according to a regulatory filing released Monday.
The transaction fulfills the terms of a Securities Purchase Agreement first announced in mid-September 2025, which positioned the world’s most valuable company as a major financial backer of the struggling American chip pioneer.
The filing confirms that Nvidia purchased exactly 214,776,632 shares of Intel at a price of $23.28 per share.
The investment follows a volatile year for Intel, which has struggled with manufacturing delays and massive capital expenditures, leading to a recent 10% equity stake taken by the U.S. government to bolster domestic production.
While the $5 billion cash infusion provides a critical liquidity bridge for Intel, the deal is rooted in a deep technical collaboration designed to counter the rise of proprietary ARM-based chips.
The two companies are reportedly co-developing several product lines.
Intel will design and manufacture custom x86 CPUs featuring Nvidia’s high-speed NVLink interconnect.
These will be integrated directly into Nvidia’s AI infrastructure platforms.