Nvidia, Intel Merger Rumors Shake Up Stock Market
by Mike Zazaian October 5, 2006 - 11:36am, 1 Comment >>

Notions of the acquisition have been flying around since July, when Intel’s key competitor AMD purchased ATI, Nvidia’s primary competition. It’s unclear as to exactly how the speculation started, but whatever the cause it seems to have been enough to stir up Nvidia’s stock to the tune of 8 percent, up $2.32 to $30.62 US. Bill Lefkowitz, an options strategist at New-York-based vFinance Investments commented, There is speculation that Intel will make an acquisition announcement tonight.


