Nvidia Invests $5B in Intel for AI Data Centers, PC Development

Nvidia (NVDA) plans a $5 billion investment in Intel (INTC) to collaborate on developing custom data-center and PC products, focusing on AI advancements.
Nvidia will acquire Intel shares at $23.28 each, a 6.5% discount from the previous closing price of $24.90.
Intel's stock rose by 24%, increasing its market cap to $143 billion, though still far from its peak of $500 billion in 2000.
Nvidia's market value is currently $4.23 trillion, with a recent increase of 1.85%.
The U.S. government recently purchased a 10% stake in Intel for $8.9 billion to support domestic chip manufacturing.
The crypto industry monitors Nvidia's performance closely as it can influence market sentiment, impacting AI tokens and the broader cryptocurrency market.