NVIDIA: No plans to exit chipset business

Posted on Friday, August 01 2008 @ 20:05 CEST by Thomas De Maesschalck

Tim Luke, a Lehman analyst, spoke to NVIDIA executives and heard that the firm is committed to staying in the chipset business:

Update: But Lehman analyst Tim Luke writes this morning that his checks with Nvidia management in both the U.S. and Taiwan finds that the company remains committed to staying in the chipset business, which is 17%-18% of Nvidia’s revenues.

The Tech Report also contacted NVIDIA and heard from NVIDIA Platform Product PR chief Bryan Del Rizzo that the story on DigiTimes is completely groundless. Del Rizzo says NVIDIA's MCP business is as strong as it ever has been for both AMD and Intel platforms and assures they have no intention of getting out of this market.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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