Nvidia Takes $5 Billion Stake In Intel Under September Agreement (reuters.com)
(Monday December 29, 2025 @05:40PM (BeauHD)
from the done-deal dept.)
- Reference: 0180479423
- News link: https://slashdot.org/story/25/12/29/2130223/nvidia-takes-5-billion-stake-in-intel-under-september-agreement
- Source link: https://www.reuters.com/legal/transactional/nvidia-takes-5-billion-stake-intel-under-september-agreement-2025-12-29/
Nvidia has completed its [1]previously announced $5 billion investment in Intel, [2]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 deal that is seen as a major financial lifeline for the chipmaker after years of missteps and capital intensive production capacity expansions drained its finances," reports Reuters.
[1] https://slashdot.org/story/25/09/18/1226210/nvidia-to-invest-5-billion-in-intel
[2] https://www.reuters.com/legal/transactional/nvidia-takes-5-billion-stake-intel-under-september-agreement-2025-12-29/
[1] https://slashdot.org/story/25/09/18/1226210/nvidia-to-invest-5-billion-in-intel
[2] https://www.reuters.com/legal/transactional/nvidia-takes-5-billion-stake-intel-under-september-agreement-2025-12-29/
The spread of suckage (Score:2)
They are going for full suckage across the whole spectrum of tech. When this thing implodes nothing they have produced will be of any use to the consumer.