Intel to buy Nvidia?
Posted on: 10/05/2006 12:59 PM

I'm not quite sure what to say, so I'll just post a link, and a quote:
Nvidia shares rose $2.32 to $30.62 in afternoon Nasdaq trade. Some 20 million shares changed hands, about double the three-month daily average.

Investors have been speculating that Nvidia might be acquired since July, when Advanced Micro Devices Inc. (NYSE:AMD - news) agreed to buy Nvidia rival ATI Technologies Inc. (ATYT.OQ) for $5.4 billion. Rumors of such a transaction resurfaced on Wednesday, spreading quickly across Wall Street trading desks, according to three options market participants.
They speculated that Intel would make an official announcement last night. Has anybody heard anything?

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