Nvidia (NVDA) CEO Jensen Huang says the company hasn’t been approached about purchasing a stake in Intel (INTC), following a report about a consortium with TSMC (TSM) to operate Intel’s factories, Reuters’ Stephen Nellis and Max A. Cherney report, citing comments made during a press conference at Nvidia’s annual developer conference in San Jose, California. Paul Liu, head of Taiwan’s National Development Council and a TSMC board member, previously denied speculation that the company is considering acquiring Intel’s struggling foundry business.
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