$13.42 billion.
$13.42 billion. That's roughly what Nvidia's Intel stake would be worth at Intel's Nov. 11 close of $62.50, assuming it still holds every share. I'm still skeptical on semis, and what would change my mind is visible demand for chips and partnerships lasting years, beyond one CEO's tenure.
- Invezz reports Nvidia completed its purchase of 214.78M Intel shares on Dec. 26, 2025 at $23.28 each, about $5B. The gain is unrealized, a mark-to-market number on paper.
- The Wall Street Journal reports Nvidia's board is preparing to consider Jensen Huang's future, and Reuters, citing a source, reports a board meeting. No decision has been announced.
- At 13:35 UTC on Nov. 12, NVDA was down 9% premarket at $158.095 and $INTC was down 3.36% at $60.40. The Intel slide reads like spillover from Nvidia.
- Invezz says an immediate stake sale appears unnecessary and describes joint CPU/AI and PC product plans. Nvidia earnings are expected Nov. 17.
If those joint products keep moving forward whoever runs Nvidia, my boom-then-correction read on chips starts to weaken. Until then I'm watching for any change to how Nvidia treats the Intel stake or its voting plans, and I could be wrong on timing.
Sources:
Invezz: https://invezz.com/news/2026/11/12/intel-stock-faces-13-billion-nvidia-dilemma-what-happens-if-jensen-huang-goes/
Washington Post: https://www.washingtonpost.com/technology/2026/11/12/nvidia-board-weighs-jensen-huangs-future-after-affair-with-allege-chinese-spy/
Not financial advice. For informational and educational purposes only.
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