Nvidia Has No Plans to Buy a Stake in Via Technologies – Chief Executive

Nvidia Denies Interest in Acquiring Shares of Via Technologies

by Anton Shilov
04/24/2009 | 08:22 AM

Chief executive officer of Nvidia Corp., a leading supplier of graphics processing units and a provider of core-logic sets for various microprocessors, said in an interview that the company had no intentions to acquire a stake in Via Technologies.

 

Jen-Hsun Huang, president and chief executive officer of Nvidia, said in an interview with DigiTimes web-site that the fabless semiconductor developer’s current relationship with Via Technologies is limited to cooperation in creating support for Via’s microprocessors by Nvidia’s second-generation Ion platform.

Earlier this year rumours transpired that Nvidia might potentially invest up to $81 - $105 million into 300 million new shares of Via Technologies. The report claimed that the graphics chip designer was in talks about acquiring “a portion” of new shares. Via said that possible candidates for the private placement would be made clear after a shareholder meeting scheduled on June 19, 2009.

Mr. Huang denied any plans to invest into Via Technologies.