07:26 AM EDT, 09/18/2025 (MT Newswires) -- Nvidia ( NVDA ) said Thursday it will invest $5 billion in Intel's ( INTC ) common stock at $23.28 per share, as part of a collaboration to develop custom data center and personal computing products.

Under the deal, Intel ( INTC ) will build Nvidia's ( NVDA ) custom x86 CPUs for AI infrastructure platforms and new x86 system-on-chips that integrate with Nvidia's ( NVDA ) RTX GPU chiplets, the companies said.

The companies also said the partnership aims to expand their integrated ecosystem and enable new computing breakthroughs across hyperscale, enterprise and consumer markets.

Intel ( INTC ) shares were up more than 28%, while Nvidia ( NVDA ) shares were up over 2% in recent Thursday premarket activity.

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