Print 48 comment(s) - last by Thorburn.. on Oct 7 at 12:52 PM

Intel will possibly acquire NVIDIA

Reuters speculates Intel is set to acquire NVIDIA. The speculation arose when NVIDIA’s shares rose 8% to $30.62 on the NASDAQ. Approximately 20 million shares were traded according to Reuters. Intel representatives declined to comment while NVIDIA representatives were unavailable. Bill Lefkowitz, options strategist, vFinance Investments believes Intel will make the announcement tonight.

This is still speculation at the moment as NVIDIA was deemed too expensive to purchase.The article claims:

Some observers said that they doubt Intel would buy NVIDIA because it's too expensive. The company has a stock market capitalization of about $10 billion, which means it would demand a far higher price than what AMD is paying for ATI.

Nevertheless, if the acquisition were to happen it would be interesting to see what Intel has in store for NVIDIA, as Intel holds the majority of the graphics market.  Intel’s primary competitor, AMD, previously acquired ATI Technologies -- NVIDIA’s primary competitor. The proposed AMD and ATI merger is nearing its final stages at the moment.

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

RE: Hemogenization
By kkwst2 on 10/5/2006 12:33:47 AM , Rating: 2
So the graphics market would become blood-like?

RE: Hemogenization
By splines on 10/5/2006 12:58:42 AM , Rating: 3
You went for the lulz, but got the fail.

RE: Hemogenization
By Sebec on 10/5/2006 3:41:05 AM , Rating: 2
"Heme" refers to blood.

RE: Hemogenization
By nomagic on 10/5/2006 4:09:55 AM , Rating: 1
"Heme" does not refer to blood. It refers to the red complex iron-containing pigment, to which oxygen binds.

Sorry that I have to do this, but facts are facts...

"Google fired a shot heard 'round the world, and now a second American company has answered the call to defend the rights of the Chinese people." -- Rep. Christopher H. Smith (R-N.J.)
Related Articles
AMD-ATI: A Done Deal
July 24, 2006, 5:00 AM

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki