NEW YORK, December 30, 2025, 09:33 ET — Regular session
- Nvidia shares fell about 1% early Tuesday, as investors weighed a newly disclosed $5 billion Intel stake. 1
- A filing showed Nvidia bought about 214.7 million Intel shares in a private placement at $23.28 per share, a deal first announced in September. 1
- Traders are also tracking year-end positioning, upcoming Fed minutes and jobless claims, and Nvidia’s next earnings date. 2
Nvidia (NVDA) shares were down about 1.2% at $188.22 in early Tuesday trading, after a filing showed the AI-chip leader completed a $5 billion purchase of Intel (INTC) shares. Intel was up about 1.3%. 1
The move matters because Nvidia has become a bellwether for the AI trade and one of the market’s most influential mega-caps, meaning even modest swings can ripple through tech sentiment late in the year. 2
The stake gives new visibility into a transaction that was announced in September and formalized in an SEC filing on Monday. Intel said the purchase was carried out at $23.28 per share. 1
The filing showed Nvidia bought more than 214.7 million Intel shares in a private placement — a sale of stock directly to a buyer rather than through the open market. U.S. antitrust agencies had cleared the investment earlier this month, Reuters reported. 1
Nvidia’s stock is coming off a soft start to the final week of the year, when heavyweight tech names pulled Wall Street’s major indexes lower. “It’ll turn out to be a buying opportunity,” said Hank Smith, head of investment strategy at Haverford Trust. 2
Chip stocks were mixed early Tuesday. Advanced Micro Devices was slightly higher, while Broadcom dipped and the VanEck Semiconductor ETF eased, underscoring a cautious tone in the group.
Analysts have largely kept a constructive stance on Nvidia even as investors debate how much optimism is already priced in. Truist Securities analyst William Stein reiterated a Buy rating and a $275 price target in a note published Monday, while Mizuho reiterated an Outperform rating and a $245 target. 3
Several recent broker notes have focused on Nvidia’s push into “inference,” the step where a trained AI model generates answers in real time for users — a workload that can drive sustained demand for computing hardware at scale. 4
In the near term, traders will watch for any additional disclosures around Nvidia’s Intel investment and whether the companies signal tighter operational cooperation beyond the share purchase. 1
Macro catalysts are also back in focus in a thin, year-end tape. Federal Reserve meeting minutes and weekly jobless claims are on the radar in what Reuters described as an otherwise data-light week. 2
For Nvidia specifically, the next major scheduled checkpoint is its fourth-quarter fiscal 2026 results on Feb. 25, 2026, according to the company’s investor relations calendar. That report is expected to sharpen the market’s view on data-center demand and how quickly customers are absorbing new AI hardware. 5
Nvidia last closed above $190, and early trading kept the stock below that level, leaving investors watching whether it can reclaim that area as the year winds down.
