NEW YORK, December 29, 2025, 15:00 ET — Regular session
- Nvidia fell after Intel disclosed a $5 billion share purchase by the AI-chip leader. 1
- AI-linked names slid with megacap tech; Palantir, Broadcom and Oracle were lower.
- DigitalBridge surged after SoftBank agreed to buy the digital-infrastructure investor for $4 billion. 2
Nvidia shares slid on Monday after Intel disclosed in a filing that the AI-chip designer had completed a $5 billion investment in the chipmaker, as a broader retreat in heavyweight technology stocks weighed on AI-linked names. 1
The move matters now because AI leaders have been central to this year’s U.S. equity run, and thin holiday trading can magnify swings as investors adjust positions into year-end. 2
Investors are also tracking big-ticket infrastructure and partnership moves for clues on where the next wave of AI spending will land in 2026 — in chips, servers and the data centers that house them. 1
Nvidia was down 1.5% at $187.59 in afternoon trade. Intel rose 1.1%, while AMD was little changed and Broadcom slipped 0.6%.
Intel said Nvidia bought more than 214.7 million shares at $23.28 per share, carrying out a transaction announced in September. The shares were sold in a private placement — a deal with a limited set of investors rather than an open-market sale — and U.S. antitrust agencies cleared the investment earlier this month, Reuters reported. 1
The stake has been widely viewed as a financial boost for Intel, which has faced pressure as costly efforts to expand production capacity strained its finances, Reuters said. 1
AI software names also tracked the sector lower. Palantir fell 1.8%, while C3.ai and SoundHound were down about 0.7% and 3.0%, respectively.
Big cloud and AI spenders were softer as well, with Microsoft and Alphabet each down about 0.2%. Taiwan Semiconductor, a key supplier for advanced AI chips, slipped 0.9%.
Digital infrastructure bucked the trend. DigitalBridge jumped 9.7% after SoftBank Group agreed to acquire the firm in a deal valued at $4 billion, Reuters reported. 2
“It’ll turn out to be a buying opportunity,” said Hank Smith, director and head of investment strategy at Haverford Trust, referring to Monday’s dip in technology shares. 2
Traders are looking next to the Federal Reserve’s meeting minutes — the detailed record of its last policy discussion — and a weekly reading on jobless claims, with U.S. markets closed Thursday for New Year’s Day, Reuters said. 2
Attention will also turn to CES 2026 in Las Vegas on Jan. 6-9, a key early-January showcase where chip and hardware makers often lay out product roadmaps that can shift sentiment around the AI spending cycle. 3
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