NVIDIA's Intel Stake Now Worth $25 Billion, Five Years After $5 Billion Bet

NVIDIA's 2021 equity investment in Intel has appreciated five-fold to over $25 billion as of May 2026. The gain illustrates how the chip giant now captures value across multiple channels—direct chip sales, portfolio appreciation, and licensing revenue—from the same infrastructure expansion. This multiplier effect informs NVIDIA's current $40 billion annual equity deployment across data centers, foundries, and AI suppliers.