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Why ASML, Applied Materials, and Lam Research Are Soaring on Nvidia's Deal With Intel
The Motley Fool·2025-09-24 08:39

These dividend-paying companies have compelling valuations for long-term investors.Intel's (INTC 1.98%) stock price jumped over 22% on Thursday after Nvidia (NVDA -2.79%) announced a 5billioninvestmentinthechipmanufacturerandatechnologicalcollaborationbetweenthetwocompanies.Nvidiastockrose3.55 billion investment in the chip manufacturer and a technological collaboration between the two companies. Nvidia stock rose 3.5% on the day because the collaboration could accelerate its data center and personal computing growth. Nvidia got a great deal for Intel -- only paying 23.28 per share, which is lower than the stock' ...