10:53 - 19.09.2025

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September 19, Fineko/abc.az. Intel (INTC) shares have increased by 34.26% in preliminary trading on September 18 up to $33.43.

ABC.AZ reports that the sharp increase in quotations occurred amid the news that Nvidia plans to invest $5 bn in Intel.

NVIDIA will buy Intel shares at the price of $23.28 per share. The company will use NVIDIA graphics technologies in future PC chips, as well as supply its own processors for data center products based on NVIDIA hardware.

Intel is also one of the three companies producing the most advanced computer chips in the world, along with Taiwan Semiconductor Manufacturing (TSMC) and Samsung Electronics, and the only company in the field based in the U.S.

In the 2nd quarter of 2025, Intel posted net loss of $2.92 bn. Revenue for the quarter was $12.86 bn, compared with $12.83 bn a year earlier. The company also stated that it plans to reduce the number of employees to 75,000 by the end of the year, which is 22% less than at the end of 2024.