Nvidia has completed its previously announced $5 billion investment in Intel, buying over 214 million shares at a fixed price after the deal received clearance from Federal Trade Commission. "The leading AI chip designer said in September it would pay $23.28 per share for Intel common stock, in a deal that is seen as a major financial lifeline for the chipmaker after years of missteps and capital intensive production capacity expansions drained its finances," reports Reuters.

[ Read more of this story ]( https://slashdot.org/story/25/12/29/2130223/nvidia-takes-5-billion-stake-in-intel-under-september-agreement?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.