Nvidia says no to rumor that sparked jump in Dell and HP shares; says: Not engaged in discussions to buy any …
Jensen Huang-led Nvidia has denied a recent report claiming the chip maker is looking to acquire a big PC maker to “reshape the PC landscape.” According to a Bloomberg report, an Nvidia spokesperson said “The media report is false; Nvidia is not engaged in discussions to acquire any PC maker”. A report by website SemiAccurate claimed that Nvidia has been negotiating a deal with a laptop maker for more than a year, sparking a rally in the shares of PC makers Dell and HP on April 13. After the report, Dell’s stock rose 6.7% to close at a record high of $189.79 in New York. Similarly, HP shares rose by 5.3% during the day to close at $19.23.
