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Nvidia CEO denies company’s involvement in Intel deal
Nvidia CEO, Jensen Huang, said the company has not been approached to buy a stake in Intel.
At Nvidia’s developer conference in San Jose, Huang dismissed speculation about a consortium acquiring Intel.
He said that no one had invited Nvidia to join such a group and joked about not being part of any discussions.
Huang acknowledged that others might be involved but emphasized he was unaware of any plans.
His remarks clarify Nvidia’s position amid rumors of its potential involvement in an Intel acquisition.
Recent Nvidia developments
| Timeline |
|---|
| 19-Mar-2025 🤖 Nvidia unveils ‘first open foundation model for humanoid robots’ Nvidia unveils GR00T N1, the first open foundation model for humanoid robots, enhancing manipulation tasks by 30%. |
| 19-Mar-2025 📉 Nvidia CEO reveals AI shift in real-world applications Nvidia’s CEO highlights AI deployment challenges at a conference, leading to a 2.5% stock drop amid rising computational needs. |
| 11-Mar-2025 💼 Nvidia-backed AI firm signs $12b AI cloud deal with OpenAI CoreWeave inks $11.9B deal with OpenAI for cloud services as it prepares for a $35B IPO amid significant revenue growth. |
| 06-Mar-2025 📉 Nvidia stock drops on Nasdaq slump, China risks Nvidia’s stock hits a low amid market pressure, with analysts eyeing support levels as uncertainty looms over tech shares. |
| 04-Mar-2025 📉 Nvidia loses $265b as Trump confirms new tariffs Nvidia shares drop 9% after US tariffs are announced, affecting market value despite strong earnings and optimism for AI future. |
| 04-Mar-2025 📈 Nvidia-backed AI firm CoreWeave files for $35b IPO CoreWeave files for IPO on Nasdaq under ‘CRWV’, targeting over $35B valuation amid strong 2024 revenue growth. |
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