Intel surges 18% after Nvidia says it will invest $5 billion in chipmaker, co-develop data center and PC products

tradeinzone Posted on 9 months ago 1 min read

Intel stock climbs 7% on report Trump administration is considering stake

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025.

Alex Wroblewski | Bloomberg | Getty Images

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Nvidia said it will invest $5 billion in Intel as part of a deal to co-develop data center and PC products with the troubled chipmaker which took on the U.S. government as an investor last month.

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