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Nvidia CEO Denies VIA Buyout
Posted by Regeneration on May 12th, 2008, 06:27 PM

Nvidia CEO Jen-Hsun Huang said he has no interest in buying out chip supplier Via Technologies, dispelling rumors--at least for now--that had been circulating back in March. "They don't need our money. I don't need theirs," Huang said, referring to Via. "They're doing fine. People want to create drama," he added. Previous reports cited a number of scenarios including Nvidia's acquisition of the entire company.

Via makes processors and chipsets for x86-based computers. Via reported revenue of about US$87.5 million in the first quarter of 2008. The company competes with Intel and Advanced Micro Devices for processor sockets inside low-cost PCs. Recently, Hewlett-Packard selected Via's C7 procesor for the HP 2231 Mini-Note PC.

Rumors were fueled some more when Nvidia said it was teaming up with Via to build a low-cost PC platform to compete with Intel. The two companies touted the design last month as "the world's most affordable Vista Premium PC" that will combine Via's upcoming Isaiah processor with an integrated Nvidia graphics chipset.

You can read the entire article at CNet News.

Last edited by Regeneration; May 12th, 2008 at 06:30 PM.
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