Nvidia finalized a $5B Intel stake after FTC approval, buying 214.7M shares. The move bolsters Intel’s foundry push as 18A ramps.

Intel (NASDAQ: INTC) has experienced a dramatic shift in fortunes over the past year. Once viewed as a failing chipmaker losing ground to competitors like Broadcom (NASDAQ: AVGO), Taiwan Semiconductor Manufacturing (NYSE: TSM),

Ohio’s business friendly environment is attracting many well-known corporations to establish some pretty lucrative jobs right here.  U.S. Representative Troy Balderson talked about the impact that economic growth will bring to Ohio’s 12th Congressional District.

A meeting with the president this year helped Intel CEO Lip-Bu Tan provide needed U.S. buy-in for the chipmaker.

Nvidia on Monday completed a $5 billion purchase of Intel shares, paying $23.28 each. The purchase price was 36% below Intel stock’s Friday closing price. The deal was approved by the U.S. Federal Trade Commission earlier this month.

Despite a lackluster performance in the first half of 2025, Intel Corporation INTC stock hit a purple patch in the later stages of the year to script a remarkable turnaround. It gained 84.1% in 2025 compared with the industry’s growth of 35.

After a Trump attack over China links, Intel CEO Lip-Bu Tan struck a landmark Oval Office deal, securing billions and a US equity stake in the chipmaker.