Nvidia denies buyout talks

Nvidia said on Monday, April 13, that reports it was in talks to buy a personal-computer maker were false. (finance.yahoo.com) The denial came after a SemiAccurate report set off a rally in Dell Technologies and HP Inc. shares, with Dell closing up 6.74% at a record $189.79 and HP up 5.31% at $19.23. (finance.yahoo.com, finance.yahoo.com) After Nvidia’s statement, Dell fell 3.4% in extended trading and HP dropped more than 3% after hours, according to Bloomberg’s market report. (bloomberg.com) The rumor landed in a personal-computer market that is still large but changing. Gartner said worldwide personal-computer shipments rose 4% to 62.8 million units in the first quarter of 2026, with Lenovo holding nearly 27% of the market and HP at 19%. (gartner.com, themalaysianreserve.com) Dell drew extra attention because it is not only a personal-computer maker. It also sells artificial-intelligence servers built with Nvidia chips, and Dell said on February 26 that it expects about $50 billion in artificial-intelligence server revenue in the fiscal year ending January 2027. (dell.com, themalaysianreserve.com) That business has become central to Dell’s story. Dell reported record fiscal 2026 revenue of $113.5 billion and told investors its full-year fiscal 2027 revenue should grow about 23% at the midpoint of its guidance. (dell.com) The idea behind the speculation was vertical integration, a strategy in which a chip company would own more of the machines that use its chips. Nvidia did not leave room for that interpretation on Monday, saying it was “not engaged in discussions to acquire any PC maker,” according to reports that cited the company spokesperson. (coincentral.com, themalaysianreserve.com) Dell and HP did not respond to Bloomberg requests for comment on the market speculation. By late Monday, the clearest new fact was the one Nvidia wanted on the record: no deal talks. (bloomberg.com, themalaysianreserve.com)