Nvidia is investing $5 billion into Intel and partnering to integrate RTX chiplets on consumer and AI processors.

NVIDIA just shook up the semiconductor world by dropping $5 billion into Intel, buying a 4.9% stake at $23.28 per share. This isn’t just about money—both companies are teaming up to co-develop future processors and GPUs.

On Thursday, Intel and Nvidia announced a major partnership that shook up the chip market and a number of stocks. But Apple—and Apple fans—shouldn’t start freaking out. The deal is pretty simple. First, Nvidia will buy $5 billion worth of Intel common stock. That alone sent Intel’s stock soaring.

It’s simultaneously a shocking shakeup of the PC chip triumvirate (AMD must be fuming), a much-needed lifeline for struggling Intel, and a recipe for a potentially exciting future – the world’s foremost graphics pioneer joining forces with the company formerly known as Chipzilla. Imagine the possibilities!

In an announcement that surprised everyone, NVIDIA is investing $5 billion in Intel to develop new x86 chips with built-in RTX GPUs.

In a seismic move shaking up the semiconductor world, Nvidia (NASDAQ:NVDA) announced yesterday it was pouring $5 billion into its longtime rival Intel (NASDAQ:INTC). Nvidia is acquiring a stake in Intel at $23.