"It will reshape the PC landscape": A new rumor says NVIDIA is entering final negotiations to buy a large PC company — Dell and HP stocks jump in the wake, but I'm not so sure

TAIPEI, TAIWAN - APRIL 16: The logo of NVIDIA, an American tech company which designs and supplies GPUs, APIs, and Artificial Intelligence (AI) software and hardware, in Taipei, Taiwan, on April 16, 2025. The United States President Donald Trump's administration has confirmed that tariffs on semiconductors and some other technology products will 'take place in the very near future'. With tariffs and export restrictions expected to be implemented by the American government, electronic products such as iPhone, smartphones, tablet, computer and other digital devices requiring advanced microchips, as well as such global supply chain are likely to be affected. (Photo by Daniel Ceng/Anadolu via Getty Images).

Ever since the AI boom began more than a year ago, it's seemed like NVIDIA has had more important priorities than the consumer PC market. That makes sense, considering how much money the company is currently making from its specialized AI GPUs and support systems for datacenters.

This position seems to have shifted, at least if you're on the side of believing a new rumor originating at SemiAccurate. According to SA, NVIDIA is negotiating "a huge purchase that will reshape the PC and server landscape like nothing else has done since the computer was invented."