MacMusic  |  PcMusic  |  440 Software  |  440 Forums  |  440TV  |  Zicos
intel
Search

Nvidia Takes $5 Billion Stake In Intel Under September Agreement

Monday December 29, 2025. 11:40 PM , from Slashdot
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 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.

Read more of this story at Slashdot.
Read more at Slashdot
https://slashdot.org/story/25/12/29/2130223/nvidia-takes-5-billion-stake-in-intel-under-september-ag...

Related News

intel Nvidia spends $5B on Intel bailout, instantly gets $2.5B richer TheRegisterDec 29
september The Robot Olympics Are Here: PI’s π0.6 Robot Takes on Doors, Keys, and a Greasy Pan eWeekDec 29
billion Billion-Dollar Data Centers Are Taking Over the World Wired: Tech.Dec 28
nvidia NVIDIA Drops Pascal Support On Linux, Causing Chaos On Arch Linux SlashdotDec 27
deal China Launches $21 Billion Venture Capital Funds To Invest in 'Hard Technology' SlashdotDec 26
after Nvidia Buying Groq's Assets For $20 Billion in Its Largest Deal on Record SlashdotDec 25
its AMD Strix Halo vs Nvidia DGX Spark: Which AI workstation comes out on top? TheRegisterDec 25
agreement ServiceNow To Buy Armis For $7.75 Billion As It Bets Big On Cybersecurity For AI SlashdotDec 24
takes Chinese AI Startup Z.ai Takes On OpenAI Via Cheaper Prices eWeekDec 23
stake Alphabet Acquires Data Center and Energy Infrastructure Company Intersect For $4.75 Billion SlashdotDec 23
intel Larry Ellison Pledges $40-Billion Personal Guarantee For Paramount's Warner Bros Bid SlashdotDec 23
september Nvidia wasting no time to flog H200s in China TheRegisterDec 22
billion Apple Becomes a Debt Collector With Its New Developer Agreement SlashdotDec 19
nvidia OpenAI Has Discussed Raising Tens of Billions at About $750 Billion Valuation SlashdotDec 18
deal Nvidia Plans $1.5B Investment in Israeli Data Center Facility eWeekDec 18
after Amazon Discussions Could Push OpenAI Valuation Past $500 Billion eWeekDec 17
its OpenAI in Talks With Amazon About Investment That Could Exceed $10 Billion SlashdotDec 17
agreement Intel Quietly Discontinues Its Open-Source User-Space Gaudi Driver Code SlashdotDec 16
takes Nvidia fills the void of American open-weights models with some of its own TheRegisterDec 16
stake Nvidia pledges more openness as it slurps up Slurm TheRegisterDec 16
News copyright owned by their original publishers | Copyright © 2004 - 2025 Zicos / 440Network
Current Date
Dec, Tue 30 - 02:01 CET