Nvidia CEO says company has not been asked to buy a stake in Intel

Important legal information about the email you will be sending. By using this service, you agree to input your real email address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an email. All information you provide will be used by Fidelity solely for the purpose of sending the email on your behalf. The subject line of the email you send will be "Fidelity.com: "

Nvidia CEO says company has not been asked to buy a stake in Intel

By Stephen Nellis and Max A. Cherney, Reuters - 5:15 PM ET 3/19/2025 mergers-and-acquisitions

SAN JOSE, California, March 19 (Reuters) - Nvidia ( NVDA ) CEO Jensen Huang said on Wednesday that his company has not been approached about purchasing a stake in Intel ( INTC ).

During a press conference at Nvidia's ( NVDA ) annual developer conference in San Jose, California, Huang was asked whether Nvidia ( NVDA ) was part of a consortium to buy Intel ( INTC ).

"Nobody's invited us to a consortium," Huang said. "Nobody invited me. Maybe other people are involved, but I don't know. There might be a party. I wasn't invited." (Reporting by Stephen Nellis in San Francisco; Editing by Leslie Adler)

(c) Reuters 2025. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.