Nvidia Denies Rumors of Acquiring Major PC Maker

Nvidia Corp. firmly denied rumors on April 13, 2026, that it was in discussions to acquire a major personal computer manufacturer, following a report that sparked a brief surge in shares of Dell Technologies Inc. and HP Inc. The speculation, which originated from tech news site SemiAccurate, suggested Nvidia had been negotiating for over a year to buy a large PC and server company, potentially reshaping the industry landscape.

The report prompted immediate market reactions in New York trading. Dell's stock rose as much as 7.6 percent to $188.95 midday, while HP climbed up to 6.3 percent to $18.68. Investors appeared to view the potential deal as a step toward greater vertical integration for Nvidia, the world's most valuable company with a market capitalization exceeding $2 trillion, driven by its dominance in artificial intelligence chips. Both companies closed higher than the previous day, though gains moderated in after-hours trading following Nvidia's statement.

A Nvidia spokesperson told CNBC, "The media report is false. NVIDIA is not engaged in discussions to acquire any PC maker." The company also described the claims as inaccurate in a statement to Bloomberg, emphasizing...