* Nvidia Shares Surge Amid Takeover Speculation
posted by Thom Holwerda on Thu 5th Oct 2006 09:14 UTC, submitted by brewin
IconReuters 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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