Thursday, October 5, 2006
"There is a rumor that Intel is looking at buying Nvidia," said analyst Satya Chillara, who tracks the graphics-chip maker for Pacific Growth Equities LLC.
Chillara also dismissed the rumors, however. "We think it's a stretch," the analyst said. "It's not a very complementary acquisition. Intel already has a strong graphics capability and has hired a lot of graphics specialists."
Plus, the deal could be expensive: Nvidia's market capitalization stands at $11 billion. "That would make it challenging from a valuation standpoint," he added.
By: DocMemory
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