Nvidia squashes rumor it’s planning to purchase a major PC manufacturer — says that it’s ‘not engaged in discussions to acquire any PC maker’

Nvidia has issued a statement to Tom's Hardware, denying that it has been in talks for over a year to purchase a major PC manufacturer. The company said this in response to a rumor published by SemiAccurate claiming that the AI chipmaker is close to a decision point on whether the deal will push through or not. The tech publication said that it has spent over a year following this story, ever since it caught wind of the potential deal in late 2024. However, it also added that it was just talks and there’s no guarantee that a transaction will even materialize. We have followed up with Nviida for a clarifying question as to whether Nvidia may be in discussions with a server OEM, as mentioned in the original report.

“The media report is false; Nvidia is not engaged in discussions to acquire any PC maker,” an Nvidia spokesperson told Tom’s Hardware. Nvidia was a relatively niche computer parts manufacturer with a share price of less than a dollar until cryptocurrency mining put it in the spotlight. Everything changed when OpenAI released ChatGPT near the end of 2022, leading to a technological race between AI companies looking to create the most powerful AI model. Nvidia was perfectly positioned when this happened, and it became the biggest company selling the proverbial shovel in the AI gold rush.

This rush has allowed the company’s stock price to skyrocket, turning it from a relatively unknown GPU manufacturer to the most valuable company on Earth, at least at the time of writing. The massive amounts of money that the AI chipmaker made from selling its chips has allowed it to go on a shopping and investment spree, including the purchase of AI chip startup Groq for $20 billion, a $2 billion stake on Synopsis, another $4 billion investment on photonics firms, and investing another $2 billion on Marvell to deepen their NVLink Fusion partnership — all of which has been reported in the last six months. Aside from that, Nvidia is expected to launch its N1/N1X Arm processors for laptops in 2026, with the next-generation N2 slated to arrive next year.

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J.P. Morgan said in late 2025 that the company is planning to go beyond AI GPUs and components and into complete AI servers. When you combine this with Team Green’s push into CPUs and SoCs, then the rumor that Nvidia is looking to purchase a PC manufacturer is not actually a far-fetched idea. The rumor resulted in a jump of more than 5% for both HP and Dell — two major PC manufacturers whose product lines cover both PCs and servers.

However, Nvidia has denied the story, saying that it did not enter into talks at all. This is probably good news for many of Nvidia’s partners, as the company building its own servers means that it will compete directly against its customers. And even if there was a deal and it did push through, it would likely be deeply scrutinized by industry watchdogs and regulators before it is approved.

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