Intel shares save the massive jump in their prices hours after Nvidia announced a $5 billion deal with the leading chipmaker. As per the deal signed between the tech giants, NVIDIA will invest $5 billion in Intel’s common stock at a purchase price of $23.28 per share. Intel, Nvidia DealNvidia and Intel Corporation Thursday announced a partnership to jointly develop multiple generations of custom data center and PC products that accelerate applications and workloads across hyperscale, enterprise and consumer markets. “For personal computing, Intel will build and offer to the market x86 System-on-Chips (SOCs) that integrate NVIDIA RTX GPU chiplets”, it added. “This historic collaboration tightly couples NVIDIA’s AI and accelerated computing stack with Intel’s CPUs and the vast x86 ecosystem — a fusion of two world-class platforms.