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Intel Completes $5 Billion Share Sale to Nvidia
Source: CryptoNewsNet Original Title: Intel completes $5 billion share sale to Nvidia Original Link:
Overview
Intel Corporation completed a $5 billion share sale to Nvidia, issuing approximately 215 million shares at $23.28 per share in a private placement transaction, according to a new SEC filing.
Key Details
Strategic Collaboration
The sale is part of a multi-year collaboration between the two companies to co-develop custom solutions, marking a significant strategic partnership in the semiconductor industry.