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

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

By Stephen Nellis and Max A. Cherney, Reuters - 5:16 PM ET 3/19/2025 mergers-and-acquisitions

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

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)

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