00:00NVIDIA has completed a $5 billion purchase of Intel shares, acquiring more than 214 million
00:07shares in total.
00:08The investment is viewed as a significant financial lifeline for Intel, which has struggled
00:12after years of strategic missteps and costly manufacturing expansions.
00:17U.S. antitrust regulators cleared the transaction earlier this month, removing the final hurdle
00:22to completion.
00:24NVIDIA shares slipped 1.3 percent in pre-market trading following the filing, while Intel's
00:29stock was largely unchanged.
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