NEW YORK, December 30, 2025, 09:33 ET — Regular session
- Nvidia shares fell about 1% early Tuesday, as investors weighed a newly disclosed $5 billion Intel stake.
- A filing showed Nvidia bought about 214.7 million Intel shares in a private placement at $23.28 per share, a deal first announced in September.
- Traders are also tracking year-end positioning, upcoming Fed minutes and jobless claims, and Nvidia’s next earnings date.
Nvidia (NVDA) shares were down about 1.2% at $188.22 in early Tuesday trading, after a filing showed the AI-chip leader completed a $5 billion purchase of Intel (INTC) shares. Intel was up about 1.3%.
The move matters because Nvidia has become a bellwether for the AI trade and one of the market’s most influential mega-caps, meaning even modest swings can ripple through tech sentiment late in the year.
The stake gives new visibility into a transaction that was announced in September and formalized in an SEC filing on Monday. Intel said the purchase was carried out at $23.28 per share.
The filing showed Nvidia bought more than 214.7 million Intel shares in a private placement — a sale of stock directly to a buyer rather than through the open market. U.S. antitrust agencies had cleared the investment earlier this month, Reuters reported.
Nvidia’s stock is coming off a soft start to the final week of the year, when heavyweight tech names pulled Wall Street’s major indexes lower. “It’ll turn out to be a buying opportunity,” said Hank Smith, head of investment strategy at Haverford Trust. Reuters
Chip stocks were mixed early Tuesday. Advanced Micro Devices was slightly higher, while Broadcom dipped and the VanEck Semiconductor ETF eased, underscoring a cautious tone in the group.
Analysts have largely kept a constructive stance on Nvidia even as investors debate how much optimism is already priced in. Truist Securities analyst William Stein reiterated a Buy rating and a $275 price target in a note published Monday, while Mizuho reiterated an Outperform rating and a $245 target.
Several recent broker notes have focused on Nvidia’s push into “inference,” the step where a trained AI model generates answers in real time for users — a workload that can drive sustained demand for computing hardware at scale. Investing.com+1
In the near term, traders will watch for any additional disclosures around Nvidia’s Intel investment and whether the companies signal tighter operational cooperation beyond the share purchase.
Macro catalysts are also back in focus in a thin, year-end tape. Federal Reserve meeting minutes and weekly jobless claims are on the radar in what Reuters described as an otherwise data-light week.
For Nvidia specifically, the next major scheduled checkpoint is its fourth-quarter fiscal 2026 results on Feb. 25, 2026, according to the company’s investor relations calendar. That report is expected to sharpen the market’s view on data-center demand and how quickly customers are absorbing new AI hardware.
Nvidia last closed above $190, and early trading kept the stock below that level, leaving investors watching whether it can reclaim that area as the year winds down.
