Nvidia to invest US$5b in Intel, furthering Trump’s turnaround plan

Nvidia's Jensen Huang. (Image: Bloomberg)

Sat, 20 Sep 2025

By Amrith Ramkumar, Lauren Thomas and Robbie WhelanNvidia said it would invest US$5 billion (NZ$8.4b) in Intel shares at a discount to yesterday’s closing price, the latest step in Intel’s efforts to revive its flagging fortunes.The investment pairs the world’s most valuable company, which has been a darling of the artificial-intelligence boom, with a chip maker that has fallen behind rivals.The partnership centres on making CPUs – central processing units, the computer brains that power devices from smartphones and lapt...

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