Stocks fall after Nvidia shuts down false reports suggesting it wants to acquire a major PC maker
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Shares of several major PC companies saw a sudden rise earlier this week after reports claimed that Nvidia was planning a major acquisition. However, that momentum didn’t last long. After Nvidia officially denied the claims, stocks quickly dropped, reversing the earlier gains.
The situation started when a report suggested that Nvidia had been in talks for over a year to acquire a large “PC-oriented company.” The claim hinted at a deal that could reshape the entire PC and server market. This quickly sparked speculation across the industry, with many assuming that Nvidia might be targeting big names like Dell or HP.
Nvidia denies talks surrounding PC maker acquisition
Following the report, shares of several PC makers surged. Companies such as Dell, HP, Asus, and Lenovo all saw stock prices rise by as much as 4% in a short period. Investors reacted quickly to the idea that Nvidia could enter the PC hardware space in a much bigger way.
Latest tech deals.
- AMD Ryzen™ 9 9900X 12-Core - was $499 now $328
- CORSAIR 4000D PC Case - was $124.99 now $75.99
- Hisense 65" Class E6SR - was $549 now $377.99
- Apple 2026 MacBook Air - was $1,999 now $1,799
- Skytech Gaming PC Desktop (9850X3d) - was $4,299 now $3,799
- Apple Magic Mouse - was $79 now $59
- MSI Prestige 16 Flip - was $2,149 now $1,899
- Kotin 9700X Gaming PC - was $2,399 now $2,199
Prices correct as of October 9th, 2026.
Nvidia responded to the claims with a clear statement. Responding to Seeking Alpha, an Nvidia spokesperson said, “The media report is false; Nvidia is not engaged in discussions to acquire any PC maker”. This confirmation immediately cooled down the market. Shortly after, stock prices began to fall again, with Dell dropping nearly 3% and HP declining around 2%.
While Nvidia denied talks with PC manufacturers, the wording of its statement left some room for interpretation. The original report mentioned a “PC-oriented company,” which could mean something other than a traditional PC maker. Still, as of now, there is no confirmed deal in place.
Even without an acquisition, Nvidia is already expanding its presence in the computing space. The company is investing heavily in AI, data centers, and new chip designs aimed at client computing. It is also working more closely with partners like Intel, showing that collaboration may be a bigger focus than outright acquisitions.
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