Intel Nvidia Takeover Deal Rumor

Posted: Oct 5 2006, 7:23am CDT | by , Updated: Aug 11 2010, 12:04am CDT, in News | Other Stuff

Intel Nvidia Takeover Deal Rumor
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A rumor that Intel is about to takeover graphic chip company Nvidia is solid enough to send Nvidia's stock 10% higher.

Nvidia is about double as expensive compared to ATI. Intel would have to pay about $11 billion, whereas AMD 'only' paid about 5.4 billion for ATI.

Intel is in a tough battle with AMD. It is reasonable to think Intel would catch up and buy their own graphics chip company.
Wallstreet is still closed. Let’s see what happens today. More details on Reuters and on Forbes.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
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