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Nvidia Not Approached for Intel Stake, CEO Says
Nvidia has not been approached about acquiring a stake in Intel, CEO Jensen Huang said on Wednesday, addressing speculation about potential semiconductor industry consolidation. "Nobody's invited us to a consortium," Huang told reporters at Nvidia's annual developer conference. "Nobody invited me....
Nvidia has not been approached about acquiring a stake in Intel, CEO Jensen Huang said on Wednesday, addressing speculation about potential semiconductor industry consolidation. Reuters previously reported that Taiwan Semiconductor Manufacturing Co (TSMC) had approached Nvidia, Broadcom and Advanced Micro Devices about joining a potential joint venture to operate Intel's factories. Other media outlets reported Intel was considering separating its manufacturing operations with U.S. President Donald Trump's support, potentially transferring control to a TSMC-led consortium.
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