NEW YORK, December 31, 2025, 06:47 ET — Premarket
- Intel shares were up about 1.6% in premarket trade, after finishing Tuesday higher.
- A recent SEC filing confirmed Intel issued stock to Nvidia for $5 billion at $23.28 per share.
- Investors are watching for updates on the Intel-Nvidia product roadmap and Intel’s late-January earnings window.
Intel shares rose in premarket trading on Wednesday, extending gains after Nvidia’s $5 billion stake became official in a recent filing. The stock was last up 1.6% at $37.90.
The move matters because Nvidia’s cash investment is both a balance-sheet boost and a vote of confidence for Intel at a time when the chipmaker is trying to rebuild credibility with customers and investors. It also comes with dilution, as Intel issued new shares to fund the deal.
With year-end volumes typically thinner, incremental headlines can move prices more than usual. Traders are weighing whether the Nvidia tie-up turns into tangible product and manufacturing wins in 2026, rather than just a one-off capital injection.
Intel said in a Form 8-K that it completed the issuance and sale of 214,776,632 shares to Nvidia for $5.0 billion in cash, at $23.28 per share, closing on Dec. 26. The company described the transaction as a “private placement” — a share sale to a specific investor outside a public offering. Intel Corporation
The purchase was previously announced in September and cleared U.S. antitrust review earlier this month, Reuters reported, citing the filing. The stake gives Nvidia roughly 4% of Intel, the report said.
Intel closed at $37.30 on Tuesday, up 1.7% on the day. The stock has been volatile in recent weeks as investors recalibrate what Nvidia’s involvement means for Intel’s turnaround narrative.
Strategically, the tie-up puts Intel closer to the center of AI server buildouts dominated by Nvidia, while keeping pressure on rivals. Investors also continue to debate whether Nvidia will eventually use Intel’s foundry — contract chip manufacturing — versus staying primarily with Taiwan Semiconductor Manufacturing, while Intel still competes with AMD in PC and data-center CPUs.
When the partnership was announced in September, Gadjo Sevilla, senior AI and tech analyst at eMarketer, called it “a massive game-changer for Intel.” Reuters
The math is also front of mind: Nvidia paid $23.28 per share for newly issued Intel stock, far below where Intel trades today. For Intel shareholders, the upside is fresh cash; the trade-off is dilution, meaning existing holders own a smaller slice of the company.
The next major catalyst is earnings. Intel is estimated to report results around Jan. 29, 2026, according to Nasdaq’s earnings calendar, though the date is not confirmed by the company.
Traders are also watching near-term price levels. Intel’s Tuesday range ran from $36.82 to $38.26, putting that upper band in play if the premarket strength holds through the open.
