Rumor: Nvidia May Pick Up Stake in VIA to Invade Intel's Turf

Pulkit Chandna

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.

Around the web