Rumor: Nvidia May Pick Up Stake in VIA to Invade Intel's Turf
Rumor: Nvidia May Pick Up Stake in VIA to Invade Intel's Turf
Posted 03/30/2009 at 1:06pm
| by Pulkit Chandna
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Nvidia is said to be eying a stake in VIA Technologies. VIA, which manufactures x86-based CPUs, is planning to sell 300 million new shares through private placement. Sources have revealed Nvidia and VIA are holding parleys. However, there is no official word on the names of those interested in buying a stake in VIA. According to Taiwanese website Digitimes, the price of the new shares will range between $0.27 and $.35. Intel has plans of invading Nvidia’s turf with its yet-to-be-released Larrabee GPU. Therefore, a stake in VIA might help Nvidia keep the scales even.
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