Feeds

Nvidia stock jumps on Intel takeover rumour

Wall Street eyes deal as AMD-ATI merger nears completion

Top 5 reasons to deploy VMware with Tegile

If your arch-rival buys one of two highly competitive graphics chip companies, what else can you do but acquire the other GPU maker? That's exactly what it was yesterday claimed Intel would do: snap up Nvidia after AMD's move to acquire ATI.

The Wall Street rumour put $2.32 on Nvidia's share price and saw stock trades double in volume on average. That said, some analysts were anticipated an evening announcement of the deal, Reuters reports, but that doesn't appear to have happened. NVDA shares closed at $31.08.

Nvidia's market capitalisation is almost $11bn, making it a tough acquisition target that would cost Intel more than twice the $5.4bn AMD's paying for ATI. While AMD had no graphics technology when it announced the ATI acquistion plan in July this year, Intel does - indeed, it's already the world's biggest supplier of graphics chips.

Still, its latest effort the GMA X3000 has proved uninspiring, and the chip giant could well be looking elsewhere to revive its efforts - particularly given the growing demand for graphics chips in the mobile and consumer electronics markets, both places Intel wants to sell CPUs into. Then again, it recently renewed its alliance with UK-based graphics technology developer Imagination Technologies, pumping almost $10m into the company. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Oi, Tim Cook. Apple Watch. I DARE you to tell me, IN PERSON, that it's secure
State attorney demands Apple CEO bows the knee to him
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Will BlackBerry make a comeback with its SQUARE smartphones?
Plus PC PIMs from company formerly known as RIM
Apple's iPhone 6 first-day sales are MEANINGLESS, mutters analyst
Big weekend queues only represent fruity firm's supply
Hey, Mac fanbois. HGST wants you drooling over its HUGE desktop RACK
What vast digital media repository could possibly need 64 TERABYTES?
Soundbites: News in brief from the Wi-Fi audiophile files
DTS and Sonos sing out but not off the same hymnsheet
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.