[NVIDIA Invests $5 Billion in Intel, Providing Critical Financial Support] Odaily Planet Daily News - NVIDIA (NVDA.O) stated in a filing on Monday that it has purchased $5 billion worth of Intel (INTC.O) shares, finalizing the deal announced by the U.S. semiconductor company in September. The leading AI chip designer had announced in September that it would acquire Intel common stock at a price of $23.28 per share. The transaction is seen as a significant financial boost for Intel after years of missteps and capital-intensive expansion that drained its finances. According to Monday's filing, the world's most valuable company has acquired over 214.7 million Intel shares through a private placement at the agreed-upon price. According to an announcement earlier this month by the U.S. Federal Trade Commission (FTC), U.S. antitrust authorities have approved NVIDIA's investment in Intel. (Jin10)