NEW YORK, December 30, 2025, 02:17 ET — Market closed
Nvidia Corp (NVDA) shares fell 1.2% to $188.22 at Monday’s close after Intel said in a filing that the AI chip designer had completed a $5 billion purchase of Intel stock. The deal covered about 214.7 million newly issued shares priced at $23.28 each in a private placement — a sale directly to one buyer rather than on the open market — and it has been viewed as a financial lifeline for Intel after heavy spending on expanding production capacity. U.S. antitrust agencies, which review deals for competition concerns, cleared the investment earlier this month, a notice posted by the Federal Trade Commission showed, and Nvidia traded between $186.06 and $189.12 in the session.
The filing matters for Nvidia because the stock has become a widely used stand-in for AI infrastructure spending and a heavyweight in U.S. tech trading.
Any shift in how Nvidia deploys capital or deepens industry ties can ripple through semiconductor sentiment, especially in the thin final stretch of the year.
With just two sessions left in 2025, investors have been quick to trim exposure to mega-cap tech after a strong run, leaving Nvidia sensitive to small changes in risk appetite.
The Intel investment also lands at a moment when markets are paying close attention to how the chip supply chain is being reshaped, and who ends up with pricing power.
Wall Street’s main indexes ended lower on Monday as heavyweight technology stocks retreated from last week’s gains that had pushed the S&P 500 to record highs. The S&P 500 fell 0.35% and the Nasdaq dropped 0.50%, and investors looking for a so-called “Santa Claus rally” — the tendency for stocks to rise at year-end — got a muted start. “It’ll turn out to be a buying opportunity,” said Hank Smith, director and head of investment strategy at Haverford Trust. Reuters
For Nvidia holders, the key question is whether the Intel stake is purely financial — parking cash in a beaten-down name — or a signal of a broader industry strategy.
Either way, the stock continues to trade less on company-specific headlines than on the market’s appetite for growth shares tied to AI spending.
Before the next session, investors will parse the Federal Reserve’s minutes from its Dec. 9-10 meeting, due at 2:00 p.m. ET on Tuesday, for clues on how officials are weighing inflation, growth and the bar for future rate changes.
The weekly initial jobless claims report is due on Dec. 31, with the release moved up as New Year’s Day falls on Thursday, when U.S. markets are closed. Stock markets are scheduled to stay open on Dec. 31 but shut on Jan. 1, while the bond market is set for an early close at 2 p.m. on Wednesday, potentially thinning liquidity — the ease of trading without moving prices — even further.
Nvidia’s next big company-specific catalyst is its fourth-quarter fiscal 2026 results, scheduled for Feb. 25, according to the company’s investor relations calendar.
Technically, traders are watching whether shares can reclaim the $190 area and hold above Monday’s lows; “support” is where buyers tend to step in, while “resistance” is where selling can emerge.
