NVIDIA's $5 Billion Intel Bet Now Worth $25 Billion

NVIDIA's 2021 equity stake in Intel has grown five-fold to over $25 billion as of May 2026. The gain shows how NVIDIA captures value across multiple channels—chip sales, stock appreciation, and licensing fees—from the same expansion. This multiplier effect shapes NVIDIA's current $40 billion annual strategy across data centers, manufacturing partnerships, and AI suppliers.