nVidia Not Buying VIA Shares

Merely working closely on ION 2, says Jen-Hsun Huang.

nVidia CEO Jen-Hsun Huang has dismissed rumours that his company would be buying VIA shares, according to DigiTimes.

While the companies are currently working closely, that relationship is limited to collaboration on nVidia’s ION 2 platform, which will support VIA’s Nano processors, says Huang. No investment will be heading VIA’s way from nVidia, for the foreseeable future at least.

Considering nVidia’s current financial status it’s not too surprising that the company isn’t looking to invest any significant capital. AMD’s acquisition of ATI (which I think I’m safe in thinking is probably the only part AMD making money these days) goes to prove that such mergers aren’t necessarily a good thing.

The 300 million shares VIA is creating will have to find another buyer, it seems. We’ll be waiting for 19 June to find out the name(s) of the potential buyer(s); but now with one name stricken from the list of possible candidates.


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