Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Nvidia (NVDA) +0.6% AH after BSN passes on a very questionable rumor Intel (INTC) is thinking of...

  • Thursday, December 13, 2012, 5:16 PM ET
    Nvidia (NVDA) +0.6% AH after BSN passes on a very questionable rumor Intel (INTC) is thinking of buying the company and making Nvidia chief Jen-Hsun Huang its next CEO. Antitrust regulators probably wouldn't take kindly to Intel buying the world's #1 GPU vendor. BSN: "This rumor should be taken not with a grain of salt, but rather with a whole 18-wheeler truck filled with the said ingredient."
Track new comments on this story

This news story has 6 comments:

  • Anitrust aside, best thing they could do with $15B
    13 Dec 2012, 06:17 PM Reply Like
  • Nvidia is only 7.8B market cap with 3.5B in cash. I dont know why they havent done it already or at least tried.
    13 Dec 2012, 10:59 PM Reply Like
  • I would love to go to that wedding. I agree it will never happen unless Nvidia is in financial trouble. Nvidia is not. Both are very good companies. I owned both but gave up on NVDA for better opportunities elsewhere.
    13 Dec 2012, 07:38 PM Reply Like
  • the most absurd rumor I've heard in recent times
    13 Dec 2012, 11:54 PM Reply Like
  • A story based on a fortune cookie? Retain the Intel name after the merger? How about a Chinese name to double the stock price? As creative as the author has been - if all true the Govt. would not be on the anti-trust bandwagon at a time when they are trying to woo the Republicans to go along with the proposed tax increase on the high end tax payers.
    14 Dec 2012, 06:26 AM Reply Like
  • Won't be a new outside CEO... the board will go with Ortellini's recommendation (one of his 3 lieutenants). Absurd on that part, but could see this deal happening.
    14 Dec 2012, 08:15 AM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)