
Intel Stock Rises After $5 Billion Nvidia Stake Becomes Official

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Intel shares rose about 2% after completing a $5 billion private share sale to Nvidia, making Nvidia a 4% shareholder. The deal, finalized on Dec. 26, provides Intel with significant cash and marks a strategic link between the two rivals. Nvidia purchased 214.8 million shares at $23.28 each, a discount reflecting its strong position in AI chips. The investment does not grant Nvidia special rights beyond standard shareholder privileges. Analysts are now focused on Intel's ability to leverage this partnership for competitive advantages.
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