Intel shares skyrocket 25% after Nvidia investment deal

Shares in chipmaker Intel skyrocketed on Thursday after AI giant Nvidia announced it will invest $5 billion in its rival. Intel's stock price was up by more than 25 percent, to $31.25 a share on Wall Street, hours after Nvidia said it would come to the aid of one of Silicon Valley's most iconic companies, which has fallen on hard times. arp/dw