Mentioned
NVIDIA Corporation
NVDA
-0.15 (-0.08%)
S
193.45
B
193.55
Microsoft
MSFT
-0.68 (-0.13%)
S
508.88
B
508.90
Apple
AAPL
-0.41 (-0.15%)
S
275.25
B
275.30
Alphabet
GOOG
-0.44 (-0.15%)
S
292.08
B
292.13
Amazon.com Inc
AMZN
-0.62 (-0.25%)
S
248.99
B
249.00
Giorgi Tumanishvili
Georgia
2m
$NVDA (NVIDIA Corporation) is buying $5 billion worth of Intel stock at $23.28 per share, giving it an estimated 4% stake in the company. Intel shares jumped nearly 23% Thursday, their biggest one-day gain since 1987, while Nvidia rose more than 3%.⁠ ⁠ The deal comes alongside a broader partnership to co-develop multiple generations of custom data center and PC products. Plans include integrating Nvidia’s AI and accelerated computing with Intel’s CPUs and x86 ecosystem, powered by NVLink connectivity.⁠ ⁠ Analysts called the agreement a potential “game-changer” for Intel, positioning the company squarely in the AI race after years of falling behind rivals.⁠ $MSFT (Microsoft) $AAPL (Apple) $GOOG (Alphabet) $AMZN (Amazon.com Inc)
5 Mentioned
NVIDIA Corporation
NVDA
NVIDIA Corporation
Microsoft
MSFT
Microsoft
Apple
AAPL
Apple
Alphabet
GOOG
Alphabet
Amazon.com Inc
AMZN
Amazon.com Inc
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