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US chipmaker Nvidia has denied a media report suggesting it is exploring an acquisition of a major PC manufacturer.
Nvidia has officially denied any discussions to acquire a major PC manufacturer.
KEY POINTS
- SemiAccurate's report of Nvidia acquisition talks caused Dell and HP shares to surge temporarily.
- After Nvidia's denial, Dell and HP shares reversed gains and fell in after-hours trading.
- Dell expects $50 billion in AI server revenue using Nvidia chips by January 2027.
COMPANIES
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