SANTA CLARA, California, August 19, 2026, 09:25 PDT — NVIDIA Corp. NASDAQ:NVDA traded up 0.2% to $220.27 during delayed midday activity Wednesday, while Intel Corp. NASDAQ:INTC slipped 3.4% to $93.37 after CEO Lip-Bu Tan was disclosed in a filing to have purchased 105,263 Intel shares at $95 on August 11. At that trading price, NVIDIA’s most recent reported holding indicates a paper gain close to $15.05 billion.
The deal is the confirmed cause driving the “nvidia stock” trend. Its immediate influence on NVIDIA remains minimal. NVIDIA’s filing dated June 30 listed 214,776,632 Intel shares, although there is no indication connecting Tan’s acquisition with Wednesday’s NVDA activity. NVIDIA 13F information table
According to a filing made by Tan on August 14, a family trust purchased $9,999,985 worth of shares, raising its total holdings to 1,314,669 shares. Tan additionally disclosed direct ownership of 16,471 shares and 500 shares held in a 401(k).
This was not a straightforward open-market purchase. Intel’s prospectus dated August 10 indicated that Tan and a relative had committed to acquire $12 million through its registered offering at $95. The Form 4 filing reflects $10 million of that total commitment.
| Security | Delayed price | Day move | Intraday range |
|---|---|---|---|
| NVIDIA NASDAQ:NVDA | $220.27 | up 0.24% | $216.83–$222.29 |
| Intel NASDAQ:INTC | $93.37 | down 3.43% | $91.30–$98.03 |
| Advanced Micro Devices NASDAQ:AMD | $469.30 | down 3.12% | $462.88–$489.64 |
| iShares Semiconductor ETF NASDAQ:SOXX | $523.40 | off 1.50% | $514.66–$540.06 |
The tape distinguishes the two signals. NVIDIA led the chip fund by approximately 1.74 percentage points. Intel trailed behind by close to 1.93 points, placing Tan’s latest block nearly 1.7% under its acquisition cost.
NVIDIA acquired its Intel stake for nearly $5 billion, paying $23.28 per share. Intel stated the transaction concluded in December 2025. Both companies are collaborating on data-center processors and PC chips linked by NVIDIA’s NVLink technology. Jensen Huang described the collaboration as “a fusion of two world-class platforms,” while Tan said, “We appreciate the confidence Jensen and the NVIDIA team have placed in us.” Intel 2026 proxy; NVIDIA–Intel announcement
| NVIDIA disclosed holding | Shares | Value as of June 30 | Percentage of 13F portfolio |
|---|---|---|---|
| Intel NASDAQ:INTC | 214,776,632 | $29.989 billion | 47.27% |
| CoreWeave NASDAQ:CRWV | 47,213,353 | $4.700 billion | 7.41% |
| Coherent NYSE:COHR | 7,788,161 | $3.072 billion | 4.84% |
| Nokia ADR NYSE:NOK | 166,389,351 | $2.210 billion | 3.48% |
| Synopsys NASDAQ:SNPS | 4,821,717 | $2.151 billion | 3.39% |
The investor math is simple: 214,776,632 shares at $93.37 each totals $20.054 billion. After deducting the $5 billion outlay, that results in $15.054 billion of implied gains, or a 301% increase. This calculation presumes NVIDIA retains its entire stake and has not hedged after June 30.
The math similarly restricts any impact. If Intel shares climb 10%, the stake’s value rises by roughly $2.01 billion—just 0.04% of NVIDIA’s $5.37 trillion intraday market cap. For NVDA holders, Intel’s CEO buying shares is primarily an execution indicator, not a factor affecting NVIDIA’s valuation.
NVIDIA’s financing obligations are significantly greater. An August 17 filing set a ceiling of $105 billion on its initial guarantees for an Ohio AI campus. The deals secure around 4.25 gigawatts of IT capacity, naming OpenAI as the tenant, and can be activated if insolvency or rent default occurs. NVIDIA also has the option to back another 3.8 gigawatts.
Vivek Arya, an analyst at Bank of America, maintained his Buy rating and $350 price target. Arya said ecosystem financing aids in obtaining limited land, power and infrastructure, though he noted some concerns regarding earnings quality. The price target represents a 58.9% premium to Wednesday’s delayed price.
| Analyst source | Recommendation | Target | Implied move from $220.27 |
|---|---|---|---|
| Bank of America — Vivek Arya | Buy | $350.00 | +58.9% |
| MarketBeat — 54-analyst consensus | Buy | $305.94 average | +38.9% |
| WSJ/FactSet consensus | Buy | $314.65 average | +42.8% |
The immediate focus is on demand in practice. NVIDIA posted fiscal first-quarter revenue of $81.6 billion, an 85% increase, with Data Center sales advancing 92% to $75.2 billion. The company projected fiscal second-quarter revenue of $91 billion, give or take 2%, and did not include China data-center compute sales in this outlook.
Risks: If revenue falls short of the $89.18 billion guidance floor, or third-quarter orders and AI investment come in softer, the outlook for demand could be undermined. Should Intel dip under its $91.30 intraday low from Wednesday, the value of the holding would decline. Failure by OpenAI to pay its lease, or any insolvency, could trigger NVIDIA’s guarantee for the Ohio site, depending on how the contract recovers losses.
NVIDIA is set to announce its fiscal second-quarter earnings on August 26 at 2 p.m. PDT. For NVDA, disclosures regarding revenue, forward orders, and guarantees are expected to be more significant than Tan’s $10 million purchase of Intel shares.
Related articles: NASDAQ:NVDA
NVIDIA: Assessing Intel ties against AI demand
U.S. markets are open as of August 19, 2026, 12:28:12 EDT. The quotes shown below have a delay.
Six-day price trend
Final closes at 4:00 p.m. EDT are recorded for August 12–18, 2026; the point for August 19 is reported late at 12:12:19 EDT.
NVIDIA’s position in Intel: three key reference points
214,776,632 shares; present valuation is based on the June 30 position remaining the same.
| Derived measure | Value |
|---|---|
| Implied profit vs. investment | +$15.060B / +301% |
| 10% shift in INTC | ≈ $2.006B change in stake |
| Stake change / NVDA market cap | ≈ 0.04% |
INTC traded at $93.40 as of August 19, 2026, 12:13:03 EDT.
Revenue speeds up, next forecast ahead
Figures in USD billions; periods refer to NVIDIA's fiscal calendar.
Variation in analyst targets
S&P Global consensus reviewed on August 19, 2026, at 12:28 EDT.
| Readout | Snapshot |
|---|---|
| Consensus | Strong Buy |
| Analysts | 61 |
| Target range | $180–$500 |
