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Intel Stock Surges on Deal With Nvidia to Invest $5B in Chipmaker

Intel Stock Surges on Deal With Nvidia to Invest $5B in Chipmaker
business9/18/2025

Intel shares soared on Thursday after the company announced a partnership with Nvidia, which will buy $5 billion of Intel stock.

Intel's shares surged 23% on Thursday, its biggest single-day increase since 1987, after Nvidia said it would buy $5 billion of its common stock as part of a partnership between the chipmakers. The pair said they would jointly develop custom products... [1550 chars]