Nvidia Invests $7 Billion in Intel and Marvell to Boost AI Ecosystem
Nvidia has built a $7 billion portfolio through major investments in Intel and Marvell Technology. Specifically, it secured a $5 billion stake in Intel and a $2 billion position in Marvell. As a result, analysts see these moves as a shift in the global AI supply chain.
Following the Marvell announcement on March 31, its shares jumped nearly 13%. Meanwhile, Nvidia’s stock rose 5.6% during the same session. Shortly after, Intel shares also gained momentum, supported by renewed confidence in its manufacturing turnaround.
Expanding an Integrated AI Ecosystem
The Marvell investment strengthens Nvidia’s AI ecosystem through NVLink Fusion. This platform allows customers to combine Marvell’s custom accelerators with Nvidia’s GPUs, CPUs, and networking tools. In addition, both companies will collaborate on silicon photonics to improve data transfer speeds in AI data centers.
Nvidia CEO Jensen Huang said the partnership will help customers “leverage Nvidia’s AI infrastructure ecosystem and scale to build specialized AI compute”. Therefore, the deal enhances flexibility for companies building tailored AI systems.
At the same time, Nvidia’s larger investment in Intel deepens collaboration. The company acquired roughly 214.7 million Intel shares, representing about a 4% stake. Moreover, the deal provided direct capital to Intel through a private placement. Consequently, both firms plan to develop integrated data center and PC solutions that combine Nvidia GPUs with Intel processors.
Manufacturing Push and Broader Investments
Intel’s manufacturing progress plays a key role in this strategy. Its 18A process node entered high-volume production in early 2026. As a result, Intel strengthens its position as a U.S.-based alternative to TSMC. This shift matters as geopolitical concerns continue to affect global chip supply chains.
Meanwhile, Nvidia has expanded its investment strategy beyond these two deals. In March alone, it committed billions to multiple tech and semiconductor firms. For example, it invested in Lumentum, Coherent, Synopsys, and Nokia, while also taking positions in emerging AI ventures.
Marvell CEO Matt Murphy said demand remains strong despite global uncertainty, and that his company’s integration into Nvidia’s ecosystem positions it to capture a growing share of the custom AI silicon market.
