Dell Technologies and HP Inc. shares rallied following reports of a potential Nvidia acquisition.
A SemiAccurate report, highlighted by Bloomberg, claims Nvidia is in advanced talks to buy a large, unnamed company.
Nvidia has reportedly negotiated the deal for over a year.
The acquisition could fundamentally reshape the PC industry.
Investors bid up Dell and HP stocks on speculation that one could be the target.
Nvidia, Dell, and HP have not officially commented on the rumors.