Intel stock closes higher after Nvidia finalizes $5 billion stake — what to watch next for INTC
Intel completed a $5 billion private placement, selling over 214 million new shares to Nvidia at $23.28 each, about 37% below Monday’s closing price of $36.68. Intel shares rose 1.33% to $36.68 on light volume. U.S. antitrust regulators cleared the deal earlier this month. Investors await Intel’s next earnings, expected Jan. 29, 2026.