Intel Sells 2.148 Billion Shares to NVIDIA in $5 Billion Deal

By: theblockbeats.news|2026/03/29 17:06:07
0
Share
copy

BlockBeats News, December 29th, the US SEC filing shows that Intel has sold 214.8 million shares of stock to NVIDIA, with a transaction value of $5 billion.

Intel stated that the issuance and sale were carried out under a securities purchase agreement signed on September 15, 2023. (Jinse Finance)

BlockBeats previously reported that on September 18th, NVIDIA announced that it would invest $5 billion in Intel (INTC.O) to support the struggling US chipmaker, but did not grant Intel key chip manufacturing orders. The agreement also includes plans for Intel and NVIDIA to jointly develop personal computer and data center chips, which could pose a potential risk to TSMC (TSM.N).

Currently, TSMC is responsible for producing NVIDIA's flagship processors; as the world's most valuable company, NVIDIA may potentially transfer this portion of its business to Intel in the future. Meanwhile, AMD, which competes with Intel in the data center chip supply field, may also suffer losses due to NVIDIA's support for Intel.

You may also like

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by

As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip

Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com