Nvidia denies rumors that it’s in acquisition talks with PC maker

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Nvidia has set the record straight on its acquisition plans following reports that the chip giant is eyeing a major PC company.

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The online outlet said early Monday that Nvidia was in talks to acquire a major PC company, a half-true statement. This headline sent shares of Dell and HP Inc. sharply higher during the trading session.

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When it comes to computer vendors, Dell and HP rank first in terms of market share. However, after the closing bell, Nvidia made the following statement. The media report is incorrect.

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Nvidia is not in talks to acquire any PC makers.

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As a result, Dell and HP Inc. It has lower values ​​after hours.