December 20, 2025 – On December 18 local time, the U.S. Federal Trade Commission (FTC) gave the green light to NVIDIA’s investment in Intel, although the specifics of the deal remain undisclosed.
Back in September this year, NVIDIA unveiled its plan to invest $5 billion in Intel, which was struggling at the time. This move was widely regarded as a significant boost to the domestic semiconductor industry.
As of the close of trading on Friday, NVIDIA’s stock price closed at 180.99pershare,markinga3.934.40 trillion, with a half-year gain of 25.82%. On the same day, Intel’s stock price closed at 36.82pershare,up1.49175.631 billion, having surged by 74.67% over the past six months.
Brokerage firm Bernstein commented that NVIDIA’s valuation relative to the Philadelphia Semiconductor Index (SOX) has become unusually attractive. The overall valuation multiple indicates a promising outlook for future returns. Bernstein has assigned NVIDIA an “outperform” rating and set a target price of $275.
Stacy Rasgon, an analyst at the firm, pointed out that compared to the chip stock index, NVIDIA is currently trading at about a 13% discount, placing it in the first percentile historically. “In fact, over the past decade, there have been only 13 trading days when NVIDIA’s valuation relative to SOX was lower than it is now,” he said.
