Nvidia (NVDA) won clearance from US antitrust regulators for its planned investment in Intel (INTC), according to a Federal Trade Commission notice, Reuters reported Friday.
Nvidia announced in mid-September that it would invest $5 billion in Intel as part of a collaboration to develop custom data center and personal computing products.
Nvidia and Intel did not immediately respond to requests for comment from MT Newswires.
Nvidia shares rose 3.3% in recent Friday trading, and Intel gained 3.5%.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 179.81, Change: +5.67, Percent Change: +3.25
精彩评论