Jensen Huang, chief executive of Nvidia, stated that his company had not been approached to participate in a group effort to acquire a stake in a company that would operate Intel's foundry unit. He dismissed claims that Nvidia was working with industry peers and TSMC on such a deal at a press conference at GTC, reports Reuters.
Separately, Paul Liu, a TSMC board member and the head of Taiwan's National Development Council, denied claims that the company is considering purchasing Intel's struggling foundry unit, reports DigiTimes.
