Thursday, October 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Cloud and Surface 3 Drive Microsoft's Revenue
Micron Urges Investors To Reject TRC Capital's Unsolicited Tender Offer
Facebook Returns To Chat Roots With Rooms App
Sony SmartWatch 3 And LG G Watch R Are Rolling Out With Updated Android Wear Software
New Nvidia Driver Enable DSR On Older Graphics Cards
GT Advanced Technologies Reaches Settlement Agreement With Apple
Google Is Teaming up with Oxford University on Artificial Intelligence
Bonhams Sells Apple Computer For 905K USD
Active Discussions
Copied dvd's say blank in computer only
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
 Home > News > General Computing > Intel t...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 05, 2006
Intel to Buy Nvidia?


Nvidia Corp. shares climbed more than 8 percent on Wednesday amid speculation the graphics chipmaker could be acquired by Intel Corp. , traders said.

Nvidia's share price jumped nearly 10 percent on Wednesday (Oct. 4). The company's shares also slightly fell and hit $31.08 in after-hours trading by late afternoon.

Investors have been speculating that Nvidia might be acquired since July, when Advanced Micro Devices (AMD) agreed to buy Nvidia rival ATI Technologies Inc. for $5.4 billion. Rumors of such a transaction resurfaced on Wednesday, spreading quickly across Wall Street trading desks, according to three options market participants.

"There is speculation that Intel will make an acquisition announcement tonight," said Bill Lefkowitz, options strategist at brokerage firm vFinance Investments in New York.

"There is a rumor that Intel is looking at buying Nvidia," said analyst Satya Chillara, who tracks the graphics-chip maker for Pacific Growth Equities LLC.

Chillara also dismissed the rumors, however. "We think it's a stretch," the analyst said. "It's not a very complementary acquisition. Intel already has a strong graphics capability and has hired a lot of graphics specialists."

Plus, the deal could be 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. "That would make it challenging from a valuation standpoint," he added.

An Intel acquisition of Nvidia wouldn't have that appeal because Intel already sells graphics chips, an area where it has been expanding by hiring engineers specialized in that field, Chillara siad. Additionally, Nvidia Chief Executive Jen-Hsun Huang isn't ready to hand over control of the company.

Intel may be looking at a response to its bitter rival. In July, Advanced Micro Devices Inc. acquired graphics specialist ATI Technologies Inc. for about $5.4 billion.


Previous
Next
NEC LCD Technologies to Launch High Luminance 12.1-Inch TFT Color LCD Module        All News        Nyko Unveils PS3 Intercooler
NEC LCD Technologies to Launch High Luminance 12.1-Inch TFT Color LCD Module     General Computing News      Steve Jobs Apologizes for Apple Stock Practices

Get RSS feed Easy Print E-Mail this Message

Related News
New Nvidia Driver Enable DSR On Older Graphics Cards
Intel To Work With AT&T To Research Software Defined Networking
Intel Meegopad T01 Is A Bay Trail PC On HDMI Stick
The Intel Experience Coming In Best Buy Stores
New Data Protection Tecnology Protects Point-of-sale Data
Intel Reports Record Third-Quarter Revenue
Nvidia Gives $100,000 To GPU-Powered Startups
Nvidia Brings Maxwell Architecture to Notebooks
ITC Opens Investigation Into Samsung Product Infringement of NVIDIA GPU Patents
Intel Releases Internet of Things Developer Kit
Intel and Mitsubishi Electric Collaborate to Create Factory Automation Systems
Intel To Invest in Semiconductor Business under Tsinghua Unigroup

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .