Catenaa, Monday, December 29, 2025- Intel says it completed the share sale to Nvidia on December 26 after regulatory clearance earlier this month, making Nvidia’s roughly 4% stake in Intel official.
Nvidia bought 214,776,632 shares at $23.28 apiece in a private placement, a round-number infusion that landed on Intel’s balance sheet like a vote of confidence and on its reputation like a defibrillator.
For months, the deal lived in that corporate purgatory where everyone speaks in the future tense and the market politely pretends it can’t hear the lawyers. Now, the cash is in, and the shares exist.
The price has gotten more interesting with time, too. Nvidia’s $23.28-a-share buy-in is 36% below Intel’s prior Friday close, a reminder that when the market’s main character writes a check, it doesn’t overpay for the privilege.
Nvidia fell about 1.7% by Monday noon, and Intel was up by 0.5%.
Intel’s earlier filing emphasized Nvidia wasn’t getting special governance or information rights beyond what shareholders already get.
The deal was conditioned on the regulatory process, and the FTC’s early-termination notice for the transaction is dated December 18, early termination of the Hart-Scott-Rodino waiting period, the legal box-check that lets deals stop being “pending” and start being “done.”
“AI is driving a reinvention of every layer of the computing stack,” Huang said back in September at a press conference to discuss the news, which he called a “historic partnership” and a “great business opportunity” for both companies.
Huang said the three architecture teams, working across the CPU architecture, as well as product lines for servers and PCs, have been developing this “fairly extensive” architecture for over a year. He added, “Today, we’re taking the next great step.”
Intel and Nvidia have said they’ll co-develop multiple generations of products for data centers and PCs, including Nvidia-custom x86 CPUs meant to slot into Nvidia’s AI infrastructure and PC system-on-chips that combine Intel CPU cores with Nvidia RTX GPU chiplets, stitched together with NVLink.
