Intel said on September 15, 2025 it entered into a Securities Purchase Agreement with NVIDIA, pursuant to which NVIDIA agreed to purchase 214,776,632 shares of common stock at $23.28 per share, for an aggregate purchase price in cash of $5.0 billion.

1. 01

   Intel said on September 15, 2025 it entered into a Securities Purchase Agreement with NVIDIA, pursuant to which NVIDIA agreed to purchase 214,776,632 shares of common stock at $23.28 per share, for an aggregate purchase price in cash of $5.0 billion.

2. 02

   The company said the shares are to be issued in a private placement in reliance on the exemption provided by Section 4(a)(2) of the Securities Act as a transaction not involving a public offering. It added that closing of the transaction is subject to customary closing conditions, including the expiration of any applicable waiting periods and receipt of any required approvals under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

3. 03

   Intel said the Purchase Agreement does not provide for any governance or information rights beyond those applicable to Intel shareholders generally.

4. 04

   The company announced a collaboration with NVIDIA to jointly develop multiple generations of custom data center and PC products. It said Intel will build NVIDIA-custom x86 CPUs for data centers and x86 system-on-chips that integrate NVIDIA RTX GPU chiplets for personal computing.

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Original filing

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