Nvidia Shares Surge Amid Takeover Speculation

Reuters reports that Nvidia shares climbed more than 8 percent on Wednesday amid speculation the graphics chipmaker could be acquired by Intel. “Investors have been speculating that Nvidia might be acquired since July, when AMD agreed to buy Nvidia rival ATI Technologies Inc. for USD 5.4 billion. Rumors of such a transaction resurfaced on Wednesday, spreading quickly across Wall Street trading desks, according to three options market participants.”

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