TLDR
- Nvidia bought 214.8 million shares in Intel worth $5 billion, making it the largest holding in its portfolio
- Nvidia initiated a $2 billion stake in chip-design software firm Synopsys
- Nvidia invested roughly $1 billion in Nokia, now a major data center networking supplier
- Nvidia fully exited its position in Arm Holdings after a failed acquisition attempt
- CoreWeave remains in the portfolio but dropped from 86% to 13% of total weight after the Intel buy
Nvidia made several big moves in its investment portfolio during Q4 2025. The company added new stakes in Intel, Synopsys, and Nokia while selling out of Arm Holdings and three other companies.
Nvidia initiated a 214.8 million-share position in Intel in Q4 2025. This matched the $5 billion investment Nvidia announced in September 2025, buying Intel shares at $23.28 each.
The Intel stake now makes up 60.48% of Nvidia’s disclosed portfolio. Intel’s stock has risen more than 44% since Nvidia announced the investment.
The two companies struck a deal to develop custom data center and personal computing products. Nvidia will use Intel’s CPU technology and x86 ecosystem inside its AI platforms.
The partnership also gives Nvidia access to U.S.-based chip manufacturing. That is seen as a strategic benefit given ongoing supply chain concerns.
Nvidia’s second-largest new position is in Synopsys, a chip-design software company. Nvidia bought 4.8 million shares for around $2 billion in December 2025 at $414.79 per share.
Synopsys provides electronic design automation software used to build semiconductors. The stock fell sharply in September 2025 after weak earnings.
HSBC recently downgraded Synopsys to “hold” and cut its price target from $545 to $455. The bank cited limited near-term growth catalysts and pressure across its core business lines in 2026.
Nokia and Synopsys: New Bets on AI Infrastructure
Nvidia also took a roughly $1 billion position in Nokia. The Finnish company, once known for mobile phones, now supplies networking equipment to data centers and cloud providers.
Nvidia announced the Nokia investment in October 2025. Nokia now makes up 8.21% of Nvidia’s portfolio, its fourth-largest holding.
Jensen Huang, Nvidia’s CEO, said the partnership is aimed at building smarter telecom networks. He described telecoms as “critical national infrastructure.”
Arm Holding Dropped, CoreWeave Stays
Nvidia fully exited its stake in Arm Holdings. Nvidia had previously tried to buy Arm but was blocked by regulators.
CoreWeave, the cloud infrastructure company, remains in the portfolio with 24.2 million shares. But its weight dropped from 86.44% in Q3 to 13.27% in Q4 after the large Intel purchase.
CoreWeave stock is up 129% since its March 2025 IPO. Nvidia first bought shares in CoreWeave before the company went public.
Nvidia also sold its full positions in Applied Digital, Recursion Pharmaceuticals, and WeRide. It kept a small unchanged stake in Yandex.
Nvidia’s stock is up 1.78% year to date. Its 13F filing, which covers holdings as of December 31, 2025, was disclosed in February 2026.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
