Citing the Commercial Times, Dow Jones reports Taiwan-based chip maker VIA Technologies will likely sell a stake to US-based graphics chip maker Nvidia through a private placement. Subject to shareholder approval, up to 300 million shares are up for grabs at between NT$9 and NT$12 ($0.27 to $0.35 USD).
Without an official comment from Nvidia, we can only speculate on what the GPU maker's motives might be, but there are two interesting things to note. First is the recent rift between Nvidia and Intel that has the two taking shots at each other. For Intel's part, the CPU maker has taken its disdain for Nvidia's Ion platform public. By cozying up to VIA, Nvidia could perhaps be looking to distance itself from Intel's Atom processor and declare all-out netbook warfare by implementing VIA's Nano processor into its Ion platform.
Secondly, Nvidia has indicated interest in building an x86 CPU. According to Michael Hara, Nvidia's senior VP of investor relations and communications, it's a matter of 'when' and not 'if.'