Key Points Nvidia is investing $5 billion in Intel. The two companies are partnering in products in the data center and PCs. The move gives Intel a much-needed lifeline. 10 stocks we like better than Intel › Apparently, the federal government isn't the only one that thinks Intel (NASDAQ: INTC) is worth saving. Just weeks after the U.S. government made an $8.9 billion investment in Intel, a rare move by the federal government to invest in a private company, Nvidia (NASDAQ: NVDA) is following suit ...

Nvidia is set to invest $5bn in Intel and will work with the US chipmaker to co-develop custom data centres and PC products. The move by Nvidia follows an announcement made last month about the US government’s $8.9bn investment in Intel common stock as part of efforts to boost semiconductor manufacturing in the country. In the same month, Japan’s SoftBank agreed to invest $2bn in Intel common stock. Nvidia will purchase Intel common stock at a purchase price of $23.28 per share. The purchase is subject ...