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Olesya Dmitracova
September 18, 2025
Nvidia said on Thursday that it would buy $5 billion worth of Intel’s common stock, becoming another major shareholder in the beleaguered company just weeks after the US government took a roughly 10% stake.
Last month, US President Donald Trump and Intel announced that the government was making an $8.9 billion investment in Intel’s common stock, with Trump calling it “a Great American Company that has an even more incredible future.” “This is a great Deal for America and, also, a great Deal for INTEL,” Trump wrote on Truth Social at the time.
Trump has said that he plans to impose 100% tariffs on imported semiconductors, excluding suppliers that have committed to building products in the United States.
September 18, 2025
Nvidia said on Thursday that it would buy $5 billion worth of Intel’s common stock, becoming another major shareholder in the beleaguered company just weeks after the US government took a roughly 10% stake.
Last month, US President Donald Trump and Intel announced that the government was making an $8.9 billion investment in Intel’s common stock, with Trump calling it “a Great American Company that has an even more incredible future.” “This is a great Deal for America and, also, a great Deal for INTEL,” Trump wrote on Truth Social at the time.
Trump has said that he plans to impose 100% tariffs on imported semiconductors, excluding suppliers that have committed to building products in the United States.