Graphic Cards Report claims Intel looking into buying Nvdia

[spyral]

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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Source: Dailytech

Crazy!

 

[PoBoy]

Latest "rumour" :

The Tech Report - Intel, Nvidia to seek 'strategic partnership'?

However, DigiTimes now suggests Intel and Nvidia may tighten their relationship without anything as dramatic as a merger. Word has it in Taiwan that Intel will simply raise its existing stake in Nvidia, which currently stands in the neighborhood of 8-10%. An ensuing "strategic partnership" between the two companies could result in Nvidia shifting focus away from AMD chipsets and instead devoting more of its development resources to integrated graphics chipsets for Intel platforms.