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0 0.000277161862527858 0.0013858093126387 0.00110864745011084 0.00332594235033272 0.00332594235033272 -0.000831485587582983 -0.0013858093126385
Stock impact report

Nvidia takes $5 billion stake in Intel under September agreement [CNBC]

Intel Corporation (INTC) 
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Company Research Source: CNBC
The leading AI chip designer said in ?September ?it would pay $23.28 ?per share for Intel common stock, in a deal seen as ?a major financial lifeline for the chipmaker after years of missteps and capital intensive production capacity expansions drained its finances. The world's most valuable firm bought over 214.7 million Intel shares at the price set out in the September agreement, in a ?private placement, according to Monday's filing. U.S. ?antitrust agencies ?had cleared Nvidia's investment in Intel, according to a notice ?posted by the U.S. Federal Trade Commission earlier in December. Nvidia shares were down 1.3% in premarket trading, while Intel ?stock was little changed. Show less Read more
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