Intel to buy Nvidia?

Intel to buy Nvidia?

By Ben Parfitt

October 6th 2006 at 1:45PM

Computing giant Intel could be on the verge of acquiring graphics manufacturer Nvidia, according to Wall Street speculation.

GameDaily.biz is reporting that rumours have been doing the rounds for several days now.

In late July, Intel rival AMD acquired Nvidia’s biggest competitor ATI for $5.4 billion. The deal allowed the CPU developer an access point into the graphics market, and many are saying Intel needs to seal a similar move to maintain its position in the sector.

The chatter has sent Nvidia’s share price up eight per cent, with trading of the firm’s stocks running at twice the normal rate.