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Reuters
Mon, December 29, 2025 astatine 6:14 AM CST 1 min read
The starring AI spot decorator said successful September it would wage $23.28 per stock for Intel common stock, successful a woody that is seen arsenic a large fiscal lifeline for the chipmaker aft years of missteps and superior intensive accumulation capableness expansions drained its finances.
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The world's astir valuable steadfast has bought implicit 214.7 cardinal Intel shares astatine the terms acceptable retired successful the September agreement, successful a backstage placement, according to Monday's filing.
U.S. antitrust agencies had cleared Nvidia's investment successful Intel, according to a announcement posted by the U.S. Federal Trade Commission earlier successful December.
Nvidia shares were down 1.3% successful premarket trading while Intel banal was small changed.
(Reporting by Arsheeya Bajwa successful Bengaluru; Editing by Anil D'Silva)
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