NVIDIA agreed on Sep 15, 2025 to buy $5.0 billion of new Intel shares at $23.28 each

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Intel signed a Securities Purchase Agreement on Sep 15, 2025 under which NVIDIA agreed to buy 214,776,632 shares of Intel common stock at $23.28 a share, for $5.0 billion in cash. Intel said the shares were to be issued in a private placement, a sale outside a public offering, and that closing was subject to customary conditions, including any approvals required under US antitrust law. Intel's press release of Sep 18, 2025 announced the placement together with a collaboration between Intel and NVIDIA to develop AI infrastructure and personal computing products. The source is Intel's 8-K, a US company's report of a material event, which furnished that press release.1^,2^,3^,4^,5