Intel Furnishes NVIDIA Private Placement & AI Collaboration Details
Summary
Intel Corporation furnished an update via Ex. 99.1 press release, dated September 18, 2025, which is furnished and not filed for purposes of the Securities Exchange Act of 1934. • Item 3.02: NVIDIA Corporation agreed to purchase 214,776,632 shares of Intel's common stock at $23.28 per share, for an aggregate $5.0 billion in a private placement. • Item 7.01: The Ex. 99.1 press release announced this private placement and a collaboration between Intel and NVIDIA to develop AI infrastructure and personal computing products.
Why It Matters
The $5.0 billion private placement from NVIDIA provides a significant capital infusion for Intel. This, combined with the strategic collaboration on AI infrastructure and personal computing products, signals a material partnership that could impact Intel's future growth and competitive position in the AI market.
Key Quote
“28 per share, representing an aggregate purchase price in cash of $5.”
— From Item 3.02
Filing Details
Reported Items
Additional Information
- CIK Number
- 0000050863
- Filing Date
- Thursday, September 18, 2025
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- neutral