Nvidia CEO says company has not been asked to buy a stake in Intel
SAN JOSE, California, March 19 (Reuters) - Nvidia (NVDA.O), opens new tab CEO Jensen Huang said on Wednesday that his company has not been approached about purchasing a stake in Intel (INTC.O), opens new tab.
During a press conference at Nvidia's annual developer conference in San Jose, California, Huang was asked whether Nvidia was part of a consortium to buy Intel.
"Nobody's invited us to a consortium," Huang said. "Nobody invited me. Maybe other people are involved, but I don't know. There might be a party. I wasn't invited."
Reporting by Stephen Nellis in San Francisco; Editing by Leslie Adler