Recent reports indicate that Nvidia (NVDA, Financial) CEO Jensen Huang has clarified that the company was not invited to join any consortium aimed at acquiring shares in Intel (INTC). Earlier rumors suggested that Taiwan Semiconductor Manufacturing Company (TSM) had approached Nvidia, Broadcom (QCOM), and AMD (AMD) to jointly invest in forming a joint venture to operate Intel's factories.
These developments come amid speculation about potential strategic collaborations among major tech companies to leverage Intel's manufacturing capabilities. The rumors had initially suggested a collaborative effort among several industry giants, but Nvidia's statement has quelled some of these speculations.
Investors are closely watching these moves, as alliances between these technology leaders could have significant implications for the semiconductor industry landscape.
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