Nvidia buys stake in Intel

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On 18 September, 2025, Nvidia and Intel jointly announced in a press release, Nvidia's $5,000,000,000 USD investment into Intel stock. Finalized on December 29, 2025, Nvidia purchased 214.8 million Intel shares at $23.28 per share. Both Nvidia and Intel develop GPUs for consumer and enterprise applications, making them competitors. In both sectors Nvidia holds the highest market share, dwarfing both AMD and Intel by magnitudes. As a result many have developed concerns over the persistence of Intel's GPU offerings and have branded the investment as Nvidia's attempt at furthering their monopoly by investing in their competitor.

The U.S. Federal Trade Commision (FTC) announced in a notice that U.S. antitrust agencies cleared the investment, despite this being anti-consumer and making Nvidia a monopoly.

Background

Nvidia Corporation is an American technology company that designs and sells computer components such as graphics processing units (GPUs) for both commercial and enterprise use. It was founded on April 5, 1993, by current CEO (as of 2026) Jensen Huang, Chris Malachowsky, and Curtis Priem. The company is the largest providers of GPUs for both consumer and enterprise.

Intel Corporation is an American technology company that designs, manufactures and sells computer components and related products. It was founded on July 18, 1968 by Gordon Moore (of Moore's law), Robert Noyce, and investor Arthur Rock. The company is one of the world's largest semiconductor chip manufacturers.

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