Intel's AI Reset Gets $5 Billion Boost From Nvidia

benzinga_article
2025.12.29 13:59
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Intel has completed a $5 billion private placement with Nvidia, issuing over 214 million shares at $23.28 each. This strategic move, part of a reset under new CEO Lip-Bu Tan, aims to enhance Intel's competitiveness in AI chips. The deal, finalized on December 26, 2025, follows a commitment from SoftBank for an additional $2 billion. Intel's shares have risen 81% this year, reflecting positive investor sentiment amid ongoing challenges.