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Nvidia Denies Talk of Buying a Major PC Maker After Rumor Jolts Dell and HP Shares

The swift denial highlights how sensitive PC stocks are to Nvidia headlines.

Overview

  • Nvidia, which told CNBC and Bloomberg on Monday that the report was false, said it is not in talks to acquire any PC maker.
  • Dell and HP shares jumped earlier Monday by roughly 7% and 6% at their highs, then gave back some gains after the denial but still finished the day higher.
  • The market move followed a SemiAccurate post claiming more than a year of negotiations to buy a large PC or server company, a report that named no target and remains unverified.
  • Analysts voiced skepticism about such a deal, with Gene Munster putting the odds under 50% and arguing Nvidia’s richer margins make AMD or Intel more plausible buyers.
  • Coverage tied the speculation to Nvidia’s rumored ARM-based N1X PC chip and noted that any actual OEM acquisition would likely draw intense antitrust and geopolitical scrutiny.