NVIDIA denied rumors of a potential PC manufacturer acquisition on Monday, April 13, 2026. The chipmaker issued the statement following reports that it was nearing a deal to buy a major industry player.
The speculation triggered a significant rally in shares of Dell Technologies and HP Inc. Dell stock rose more than 6.7% following the initial reports. HP shares climbed over 5.3% as investors weighed potential acquisition targets.
Both Dell and HP maintained their gains through the market close. NVIDIA confirmed it is not currently engaged in any such discussions.