Intel stock jumps after Nvidia takes $5B stake, unveiling deep product partnership

Intel (NASDAQ: INTC) surged after Nvidia said it will invest $5 billion in Intel at $23.28 per share and the two will co-develop multiple generations of data-center and PC chips. Intel confirmed the collaboration and equity puStock Information for Intel Corp. (INTC)

Intel Corp. is an equity asset in the US market.

• The price is currently at 30.57 USD, showing a change of 5.66 USD (0.23%) from the previous close.
• The most recent opening price was 31.78 USD and the intraday volume is 523907959.
• The intraday high is 33.41 USD and the intraday low is 25.06 USD.
• The last trading hour is Friday, September 19, 03:15:00 EEST.rchase, which is subject to customary approvals.

As of 00:15 UTC on Friday, Intel traded at $30.57, up about 23% on the session, with exceptionally heavy volume.

Why it matters

• Strategic tie-up: Intel will design custom x86 CPUs for Nvidia’s AI platforms and build x86 SoCs integrating Nvidia RTX GPU chiplets for PCs, linked via NVLink—a notable pivot that stitches Intel’s CPU ecosystem to Nvidia’s AI stack.
• Foundry implications: While Nvidia’s flagship GPUs remain with TSMC for now, the pact includes Intel supplying central processors and advanced packaging for joint products—fuel for hopes that Intel’s manufacturing could win more high-end work over time.

Market reaction & context

• The headline sent Intel sharply higher and lifted broader indexes, with analysts framing the deal as a potential turning point for the chipmaker after a difficult stretch for its foundry and margins.
• Intel’s last results (Q2 FY2025) showed $12.9B revenue and pressure on EPS amid restructuring and one-time charges—context for why fresh capital and a marquee partner matter.

What’s next

The companies didn’t give a launch timeline for joint products, but called it a “multiple generations” roadmap. Investors will watch for closing of the equity investment, product milestones, and any incremental foundry wins flowing from the tie-up.