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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.


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By doctor sam adams on 10/5/2006 9:19:38 AM , Rating: 3
Intel clearly lacks either the technology, expertise, or simple motivation of a dedicated graphics company. It has been saying for years that it wants to do "serious" graphics and has for years consistently churned out nothing but crap. It would likely have to spend a billion or more in R&D just to catch up to Nvidia, but buying it straight out would not only give it R&D but also knock a competitor out of the market. Worth 10 billion? No, but if there was another ATI to acquire, Intel might do it.


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