Jensen Huang’s Announced Exit Puts Nvidia’s $13.4 Billion Intel Stake in Focus

Nvidia CEO Jensen Huang’s announcement that he is stepping down has put the chipmaker’s strategic holdings in focus, including a $5 billion Intel investment valued at about $13.4 billion at Wednesday’s close.

Intel shares fell about 2.2% and Marvell Technology dropped 3.4% in early trading Thursday after the announcement. Nvidia’s own shares also moved lower.

Nvidia put $5 billion into Intel in September 2025 in a partnership pairing Intel central processors with Nvidia graphics chips. Intel closed Wednesday at $62.50 a share, putting Nvidia’s holding at approximately $13.4 billion. Nvidia’s Marvell stake was valued at $2 billion when the investment was made.

William Blair analyst Sebastien Naji said existing contracts should survive the leadership change. He identified the next round of deals and Nvidia’s ability to defend its market share into 2027 and beyond as risks.

The holdings reflect Nvidia’s partnerships beyond its own chips. The company’s next CEO will decide whether to maintain that investment strategy.