Nvidia stock jumps on Intel takeover rumour
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Wall Street eyes deal as AMD-ATI merger nears completion If your arch-rival buys one of two highly competitive graphics chip companies, what else can you do but acquire the other GPU maker? That's exactly what it was yesterday claimed Intel would do: snap up Nvidia after AMD's move to acquire ATI.â¦
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Under a cross-licensing agreement with Intel, Nvidia will be able to develop its nForce platform for Pentium chips. The agreement will give the graphics chip maker a boost in its race to keep
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U.S. stock futures surged Friday  morning on the back of Intel Corp.'s raised quarterly sales  forecast and lower oil prices, but strategists said the  market's early direction would be dictated by the monthly  employment data due out before the start of trading.
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Nvidia, a video chip maker, is to provide the graphics engine for Sony&#39;s next-generation PlayStation. Nvidia shares rose more than 8 per cent on the news as analysts forecast
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Multiple bids could drive the company's stock even higher.
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Stocks jumped on Tuesday as talk that aluminum maker Alcoa Inc.  may be a takeover target bolstered optimism about deals and energy shares gained with a sharp rebound in oil prices.
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Intel and graphics processing vendor nVidia said today that they have signed a wide-ranging technology sharing pact that will let nVidia use Intelâs front-side bus (FSB) technology.
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Red Hat (NOVL:Nasdaq - news - research) got its second upgrade in two week Tuesday, and promptly leaped northward. In recent trading, shares of the Linux Vendor were up $1.42, or 10.6%, to $14.84 in heavy volume.
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Shares of Intel Corp. INTC.O rose  about 3 percent on Wednesday after the leading chipmaker  reported better-than-expected quarterly results and raised its  manufacturing spending plans.
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The chip sector enjoyed some gains Thursday, led by Intel, which announced an executive shuffle, and other industry players whose shares rose after getting a boost from analyst upgrades.
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It's a big day for AMD, which is launching its Barcelona chip at last. Then Intel comes along with an earnings surprise.
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New Wi-Fi chip from Intel and a positive day for most bellwethers offset big loss at ARM. NEW YORK (CNN/Money) - News on a new chip from Intel helped balance out an acquisition by ARM that sent its stock reeling
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NEW YORK/SAN FRANCISCO  - Shares of Intel Corp.  INTC.O rose 2.4 percent on Wednesday after the leading  chipmaker reported better-than-expected quarterly results and  raised its manufacturing spending plans.
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Speculation that Intel is preparing to announce an acquisition of graphics chipmaker Nvidia surfaced again on Wednesday, pushing Nvidia's stock up over 10 percent before it began to fall again Thursday morning. Analysts said an announcement was impending, but it never happened.
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(InfoWorld) - Graphics chip maker Nvidia found some irregularities in past stock-based compensation practices during an internal probe, and took a total of $127 million in non-cash charges over associated expenses, the company said Wednesday. The figure fell within theÂ $150 million chargeÂ Nvidia said it might have to take. The company also amended financial results for its fiscal year 2006 and the first two quarters of 2007 as a result of the internal probe. The non-cash charge and amendments to previous financial statements ends its internal probe, but an inquiry by the Securities and Exchange Commission (SEC) remains ongoing, Nvidia said. The restated earnings reports did not have a material impact on Nvidia's operating results, it said. The company plans to cooperate fully with the SEC. A number of technology companies have launched reviews over stock-based compensation to employees, finding instances in which stock options have been dated back to a time when the stock had hit a low. The practice is unfair to shareholders and was made almost impossible to legally execute by Sarbanes-Oxley, and for good reason. Stock options were designed as a way for employees to share in the success of the company and give them an added incentive. But by back-dating the options, employees -- often executives -- were essentially given shares that were already valuable. So far, stock options probes, carried out either by companies themselves or by the SEC, have affected over 160 companies.Â Investigations at memory chip developer RambusÂ andÂ security software vendor McAfeeÂ  have led to the resignation or firing of top executives.Â Apple ComputerÂ could be kicked off the Nasdaq by Dec. 29 if it fails to submit its SEC Form 10-Q for the quarter ended 1 July 2006, and any required restatements linked to its stock options probe by that time. Other companies have faced shareholder lawsuits over the issue.
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NVIDIA and Intel today announced the companies have signed a broad, multi-year patent cross-license agreement spanning multiple product lines and product generations.
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Shares of Intel Corp.  rose about 3 percent on Wednesday after the leading chipmaker reported better-than-expected quarterly results and raised its manufacturing spending plans.