tradingkey.logo

Intel jumps on Nvidia's plan to invest $5 billion in co; AMD, TSMC fall

ReutersSep 18, 2025 12:03 PM

** Intel's shares INTC.O up 33% in volatile premarket trading after Nvidia NVDA.O says it will invest $5 billion in co

** NVDA up 3%, while Applied Materials AMAT.O, Lam Research LRCX.O, Micron Tech MU.O rise 2.3%-7%

** AMD AMD.O shares down 5.5% investment signals a deepening alliance that could sideline co in future data center and PC chip collaborations, while threatening its share in AI-driven workloads

** U.S.-listed shares of TSMC down 1.5% premarket

** Nvidia, whose must-have chips are powering a global artificial intelligence boom, said in a statement it will pay $23.28 per share for Intel common stock, a price slightly below the $24.90 at which Intel shares closed on Wednesday

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Related Articles

Tradingkey
KeyAI