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Today: March 20, 2025
Today: March 20, 2025

Nvidia CEO says company has not been asked to buy a stake in Intel

FILE PHOTO: Nvidia GPU Technology Conference (GTC) at the SAP Center in San Jose
March 19, 2025

By Stephen Nellis and Max A. Cherney

SAN JOSE, California (Reuters) - Nvidia CEO Jensen Huang said on Wednesday that his company has not been approached about purchasing a stake in Intel. 

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)

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