Get the latest tech news

Nvidia Takes $5 Billion Stake In Intel Under September Agreement


Nvidia has completed its previously announced $5 billion investment in Intel, buying over 214 million shares at a fixed price after the deal received clearance from Federal Trade Commission. "The leading AI chip designer said in September it would pay $23.28 per share for Intel common stock, in a de...

None

Get the Android app

Or read this on Slashdot

Read more on:

Photo of Intel

Intel

Photo of Nvidia

Nvidia

Photo of Stake

Stake

Related news:

News photo

Nvidia spends $5B on Intel bailout, instantly gets $2.5B richer

News photo

Inside Microsoft Ignite: How Microsoft and NVIDIA are redefining the AI stack

News photo

Nvidia takes $5B stake in Intel under September agreement