Nvidia stock (NVDA) slips after Intel stake filing — what to watch next
Nvidia shares fell 1.2% to $188.22 after Intel disclosed Nvidia’s $5 billion purchase of 214.7 million newly issued Intel shares in a private placement. U.S. antitrust regulators cleared the deal earlier in December. The S&P 500 closed down 0.35% and the Nasdaq dropped 0.50% as large tech stocks retreated. Nvidia traded between $186.06 and $189.12 during the session.