Nvidia executes the purchase of Intel shares worth $5 billion

New York.- The American chip manufacturer Nvidia has executed the purchase of Intel shares worth 5 billion dollars announced last September, according to the second firm informed this Monday to the Securities and Exchange Commission (SEC). According to Intel's regulatory document, dated December 26th and published today, this company completed the issuance and sale of 214.7 million shares "for an aggregate cash selling price of 5 billion, representing a price per share of 23.28 dollars per share".
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It is also indicated that the transaction responds to the agreement that both announced in September, which involved Intel's entry into Nvidia's capital with an investment of 5 billion and the joint manufacturing of processing units (CPU) for data centers and clients.

The Operation Between Nvidia and Intel

According to the agreement, the two companies will focus on connecting their respective architectures via Nvidia NVLink, which will combine Nvidia's strengths in artificial intelligence (AI) and accelerated computing with Intel's technologies in CPUs and its x86 ecosystem. The U.S. antitrust agencies had already given the green light to Nvidia's investment in Intel, according to a notice published by the Federal Trade Commission (FTC) in early December.
Nvidia Intel
Nvidia's shares fell on the stock market by around 1.3% near the close of this Monday, while Intel, which has grown 61% in the last six months, recorded a slight increase of 1.1%.

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