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A website said Nvidia had been negotiating a deal for more than a year.
Nvidia officially denied any ongoing acquisition talks with major PC makers like Dell or HP.
KEY POINTS
- The false acquisition rumor caused significant intraday stock volatility for both Dell and HP.
- Nvidia invested $70 billion in partners and customers to advance AI in the last fiscal year.
- Dell expects $50 billion in revenue from AI servers using Nvidia chips by January 2027.
COMPANIES
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