Despite a bombshell report making the rounds, the answer is no, NVIDIA is not planning to scoop up Dell, HP, or any other major (or minor) PC maker. Or at least that is the official messaging from NVIDIA, with a spokesperson calling the report "false." What, were you expecting a different F-bomb?
"The media report is false; NVIDIA is not engaged in discussions to acquire any PC maker," a spokesperson for NVIDIA said in a statement.
Companies often avoid commenting on leaks and rumors (like the
NVIDIA N1 laptop motherboard with 128GB of RAM that recently smiled for the camera), but in this case, NVIDIA made a statement to multiple outlets shooting down the report. Shares of Dell and HP both jumped by 5% or more when the rumor gained traction, as investors evidently speculated that those were the two most likely candidates if NVIDIA were to actually make a move.
The report comes from SemiAccurate, which says it has been tracking the story since late 2024 and that the time has come for NVIDIA to either "make a deal or walk."
"
SemiAccurate doesn’t deal with rumors re-labeled as truth because it has been copied by dozens of other sites too, we do the research, and this time we have a big one...NVIDIA is looking to make a huge purchase that will reshape the PC and server landscape like nothing else has done since the computer was invented," the site
wrote.
The report goes on to state that the site is "dead serious" about NVIDIA being in negotiations to buy a large PC oriented company, just in case anyone thought it was a delayed April Fools' Day gag. And indeed, NVIDIA buying a PC maker like Dell would be a seismic play that could shake up the market in a big way. Except, it's not happening.
It does raise the question, though, of whether NVIDIA could actually pull it off if it decided to go that route. While not an apples-to-apples comparison, NVIDIA had
sought to acquire Arm for $40 billion a few years ago, but regulatory hurdles ultimately caused NVIDIA to
call off the deal, after having made a non-refundable $1.25 billion payment to Softbank.