Nvidia (NVDA) has completed its purchase of $5B shares from Intel (INTC), according to a Form 8-K filing with the U.S. Securities and Exchange Commission.
“On December 26, 2025, Intel Corporation completed the issuance and sale of 214,776,632 shares of the Company’s common stock, par value $0.001 per share, to NVIDIA Corporation, for an aggregate purchase price in cash of $5.0 billion, representing a price per share of $23.28 per share,” said the filing, which was published today.
Nvidia’s plan to make a $5B investment in Intel was announced on September 18. The deal also included Nvidia and Intel co-developing PC and data center chips.
“This historic collaboration tightly couples NVIDIA’s AI and accelerated computing stack with Intel’s CPUs and the vast x86 ecosystem—a fusion of two world-class platforms. Together, we will expand our ecosystems and lay the foundation for the next era of computing,” Nvidia CEO Jensen Huang said.
This was one of several massive share sales orchestrated by Intel during the second half of 2025. In late September, Japan-based SoftBank (SFTBY)(SFTBF) completed its purchase of 86.95M shares at $23 per share for an aggregate purchase price of $2B.
In August, the Trump Administration announced the U.S. would purchase 433.3M shares at $20.47 each for a total of $8.9B. This equated to a 9.9% stake in the company, making the U.S. government the largest investor in the company.
Intel’s shares have increased in value by 61% over the past six months.