Intel sold 214.8 million shares to Nvidia for $5 billion, according to filings submitted to the U.S. Securities and Exchange Commission (SEC) on December 29.
The transaction was conducted under a securities purchase agreement that Intel said it signed on September 15, 2023, indicating that this was a pre-planned issuance and sale of shares.
- Intel sold 214.8 million shares to Nvidia, worth $5 billion.
- The information comes from filings submitted to the SEC on December 29th.
- The transaction is based on a securities purchase agreement signed on September 15, 2023.
Details of the Intel-Nvidia deal
Intel (INTC.O) has sold 214.8 million shares to Nvidia (NVDA.O) for a total value of $5 billion.
According to filings submitted to the SEC, the transaction involved the issuance and sale of Intel shares to Nvidia. The main figures stated were 214.8 million shares and a value of $5 billion, without further details of the valuation terms in the disclosure.
Intel stated that the issuance and sale of shares were carried out “pursuant to the securities purchase agreement” signed on September 15, 2023. This date indicates that the transaction was implemented based on a prior agreement, rather than a decision arising at the time of filing.
Legal context and points to watch
The information was confirmed through filings with the SEC, the U.S. securities regulator.
The direct reference to the filings reinforces the legal validity of the data: the seller is Intel, the buyer is Nvidia; the size is 214.8 million shares; the total value is $5 billion; the announcement date is December 29th; and the platform agreement was signed on September 15th, 2023.
The original document does not provide additional data regarding the price per share, payment schedule, or market impact. Investors should monitor the situation closely and await further updates from subsequent SEC filings or company announcements.
