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


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FILE PHOTO: Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference (GTC) at the SAP Center in San Jose, California, U.S. March 18, 2025. REUTERS/Brittany Hosea-Small/File Photo

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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