The world’s most valuable company is pouring billions of dollars into two tech stocks.
In the October-to-December quarter of 2025, Nvidia (NVDA) invested approximately $7.93 billion in chipmaker Intel Corporation (INTC).
Since September 2nd, INTC has rallied from a price of $24.21 to $46.51 at time of writing, a gain of roughly 92%.
During the same period, Nvidia also invested approximately $1.08 billion in telecommunications infrastructure firm Nokia (NOK). Since September 2nd, NOK has rallied from $4.23 to $7.57 at time of writing, a gain of around 79%.
Not all of Nvidia’s investments during the fourth quarter have posted massive returns. In the fourth quarter, Nvidia opened a new position worth approximately $2.26 billion in software company Synopsys Inc.
The stock of Synopsys has dropped by around 24% since September 2nd.
The value of some of Nvidia’s existing investments also fell dramatically between the third and fourth quarters of 2025.
Nvidia’s stake in CoreWeave fell in value by almost half from $3.32 billion to $1.58 billion, while that of Nebius slid from $133.65 million to approximately $99.65 million.
Between the third and fourth quarter of 2025, Nvidia also dumped entire stakes in semiconductor and software design firm Arm Holdings, digital infrastructure firm Applied Digital Corporation, healthcare firm Recursion Pharmaceuticals and autonomous driving tech company WeRide Inc.
The combined worth of Nvidia’s stakes in the four firms was $387.64 million.
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