Nvidia turns $5B Intel stock bet into $30B windfall, reveals $21B SpaceX stake in SEC filing

Nvidia turns $5B Intel stock bet into $30B windfall

Nvidia's $5 billion purchase of Intel stock last year, made as part of the companies' strategic AI infrastructure partnership announced in September, has become a highly lucrative investment, generating nearly $25 billion, the company revealed in an SEC filing this week. In addition, Nvidia owns nearly $21 billion worth of SpaceX stock and holds stakes valued at more than $10 billion in various customers, partners, and suppliers. With quarterly revenue exceeding $80 billion and net income approaching $60 billion, Nvidia has plenty of unspent cash to invest. Traditionally, the company tends to invest in stocks poised to grow, as well as make strategic investments. Without a doubt, Nvidia's investment in Intel was both strategic and financial, as it helped Intel survive hard times and has generated $24.989 billion for the company. Interestingly, after investing in Intel, Nvidia has sold its 1.1 million Arm shares (worth $178.1 million last August). Without any doubts, Nvidia will continue developing Arm-based CPUs, though for now it does not own any Arm stock. The SpaceX investment -- valued at $20.975 billion -- seems entirely strategic at present, since SpaceX's xAI has committed to exclusively using Nvidia hardware in its AI data centers both on Earth and in orbit. Once SpaceX's stock regains its lost value, Nvidia may well earn on it, though it remains to be seen when this happens. Other notable investments that Nvidia has made over the past year include Coherent, a major maker of lasers, optical materials, and semiconductors; Nokia, a telecommunications giant; and Synopsys, an electronic design automation (EDA) provider. Coherent is expected to make Ultra-High-Power Continuous-Wave (UHP CW) lasers for Nvidia's next-generation data center platforms relying on co-packaged optical (CPO) interconnects, so Nvidia invested $2 billion in the company earlier this year. Since then, the stock has almost skyrocketed. Something similar happened to the Nokia investment. Last October, the company announced plans to invest $1 billion in Nokia to accelerate AI-RAN innovation and lead the transition from 5G to 6G. By now, the shares that Nvidia owns are worth $2.2 billion. Synopsys has been aggressively adding artificial intelligence capabilities for its tools, so to support the company, Nvidia acquired $2 billion worth of Synopsys stock last December. Right now, the stake is valued at $2.15 billion, making it a profitable investment for the AI hardware giant. In addition, Nvidia continues to own stock of its clients, but the picture is different for CoreWeave and Nebius. Last year, the company owned 24.277 million CoreWeave shares worth $3.959 billion. Nvidia now owns 47.213 million shares of CoreWeave valued at $4.699 billion, which essentially means that the company substantially increased its position as CoreWeave's stock price declined. As for Nebius, Nvidia's position remained at 1.19 million shares, but while the stake was worth $65.869 million in 2025, its value has since surged nearly fivefold to $328.77 million. Follow Tom's Hardware on Google News, or add us as a preferred source, to get our latest news, analysis, & reviews in your feeds.

Nvidia discloses $21 billion stake in SpaceX at end of second quarter

* Nvidia's stake in SpaceX, which came through an investment in xAI, was worth about $21 billion at the end of the second quarter. * SpaceX went public in June in a record IPO, and the stock has been volatile in the two months since the offering. * Elon Musk's rocket maker recently said it will exclusively use Nvidia's AI chips in its data centers and to power its AI frontier models. In this article * SPCX * NVDA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, chief executive officer of Tesla Inc., left, and Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images Nvidia disclosed on Friday that its stake in Elon Musk's SpaceX was worth about $21 billion at the end of the second quarter. The chipmaker said in a filing with the Securities and Exchange Commission that it owns 122.8 million Class A shares in Elon Musk's rocket maker, which held its public market debut in June. SpaceX's stock closed at $140 on Friday, down from $170.86 at the end of June, so the value of Nvidia's shares have declined to about $17.2 billion. It's Nvidia's second biggest holding behind its stake in Intel, which is currently worth about $22 billion, down from $30 billion when the quarter ended. That represents a massive return on Nvidia's $5 billion investment less than a year ago. Nvidia is the sixth biggest investor in SpaceX, based on data from FactSet. Musk is by far the largest owner with a stake worth about $850 billion. Alphabet is second at roughly $78 billion. Nvidia's shares in SpaceX came from the company's $10 billion investment in Musk's xAI as part of a $20 billion round in January, according to a person familiar with knowledge of the matter who asked not to be named because the exact size of the deal wasn't made public. SpaceX acquired xAI in February in a deal valued at $1.25 trillion. Musk said on SpaceX's second-quarter earnings call earlier this month that the company will exclusively use Nvidia chips in its AI data centers. He said Nvidia's graphics processing units have the "best architecture" for training and inference of AI models, and related products and services. Musk also said, on the call that he expects SpaceX will receive a "significant allocation" of Nvidia's Vera Rubin GPUs next year. watch now VIDEO4:0604:06 SpaceX is the frothiest trade ever and bleeds into other sectors, says S3 Partners' Bob Sloan Power Lunch Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Nvidia's $5 billion Intel bet is now worth nearly $25 billion, and its SpaceX stake isn't far behind

Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. Bottom line: Nvidia's latest SEC filing describes a growing investment portfolio spanning chips, optical networking, telecom equipment, design software, and cloud infrastructure. Several of those bets have also produced substantial gains, including its Intel stake, which is now worth nearly $25 billion. Nvidia bought $5 billion in Intel stock last year as part of the companies' AI infrastructure partnership, creating one of the company's most valuable equity positions. The stake was valued at $24.989 billion in the latest filing. The Intel deal was both a financial investment and a strategic move. The companies said they would work on Intel x86 RTX system-on-chip for PCs that pair Intel processors with Nvidia graphics. They also announced plans for custom Nvidia data-center x86 processors. The investment gave Intel added support during a difficult period and created a closer relationship between the two chip giants. The filing shows a change in Nvidia's Arm holdings, too. Nvidia has sold its 1.1 million shares in the company, which were worth $178.1 million last August. The company is still expected to pursue Arm-based CPU development, even though it no longer holds Arm stock. Nvidia also reported a $20.975 billion stake in SpaceX. That investment is tied to SpaceX's growing AI ambitions. SpaceX's xAI has committed to using Nvidia hardware exclusively in its AI data centers on Earth and in orbit. The stake could become more valuable if SpaceX's stock recovers, but its current importance appears to be strategic. The company is also investing in technology that supports larger AI systems. Nvidia put $2 billion into Coherent earlier this year. Coherent makes lasers, optical materials, and semiconductors, and it is expected to supply Ultra-High-Power Continuous-Wave lasers for Nvidia data-center platforms using co-packaged optics. Co-packaged optics is becoming more important in large AI data centers because it can help move data between processors at higher speeds while reducing some of the limits of traditional electrical connections. Coherent's shares have risen sharply since Nvidia announced the investment. Nvidia has made a similar bet on telecom infrastructure. In October, it announced plans to invest $1 billion in Nokia to support AI-RAN development and the shift from 5G to 6G. Nvidia's Nokia holdings are now worth $2.2 billion. The company's investment in Synopsys fits into its broader AI strategy. Synopsys has been adding AI features to its electronic design automation software, which is used to design chips and other advanced systems. Nvidia bought $2 billion worth of Synopsys stock last December. The stake is now valued at $2.15 billion. Nvidia continues to hold stock in some of its customers. Its CoreWeave position grew from 24.277 million shares valued at $3.959 billion last year to 47.213 million shares worth $4.699 billion. The increase in shares suggests Nvidia added to its position as CoreWeave's stock price fell. Its position in Nebius stayed at 1.19 million shares. However, the value of that stake rose from $65.869 million in 2025 to $328.77 million. With quarterly revenue above $80 billion and net income nearing $60 billion, Nvidia has the cash to make large investments. Its holdings suggest it is betting on the companies and technologies that will help shape the next phase of AI infrastructure.

Nvidia has $21 billion SpaceX stake, $30 billion in Intel shares | Fortune

The AI chipmaking giant had about 122.8 million shares in SpaceX as of June 30, according to a regulatory filing made Friday. It held about 214.8 million in Intel. The disclosure marks the first time that Nvidia has given the value of its SpaceX position since it invested in Musk's artificial intelligence startup xAI, which was folded into SpaceX ahead of an unprecedented public debut earlier this year. Nvidia had put as much as $2 billion into xAI in 2025 by way of a financing that included equity and debt in a special purpose vehicle designed to buy its processors for xAI's massive computing project, Bloomberg reported at the time. The value of Nvidia's stake in Intel has skyrocketed from just three months earlier when it was worth roughly $9.5 billion, based on regulatory filings. That investment dates back to last year when Nvidia agreed to invest $5 billion in Intel and announced the two would co-develop chips for personal computers and data centers in what was seen at the time as a surprise move that would prop up an ailing archrival. Nvidia also had stakes in Coherent Corp., Generate Biomedicines Inc., Nebius Group NV, Nokia Corp. and Synopsys Inc. as of June 30.