Nvidia Corp. has agreed to buy chipmaker Mellanox Technologies Ltd. for $6.9 billion, gaining expertise to help it push into the growing market for data center components. The $125-a-share cash offer for Mellanox is a 14% premium to the stock’s Friday closing price of $109.38 a share. But traders...

NEXT
Topics:  corp   mellanox technologies ltd   mellanox   nvidia   buy   billion   data   
BING NEWS:
  • The 2025 Millionaire’s Club: 3 Tech Stocks to Buy Now
    Tech stocks to buy are attracting attention once again as Nvidia (NASDAQ:NVDA), powered by AI, continues to fuel the market, posting better-than-expected earnings and outlook after the bell on ...
    05/27/2024 - 1:00 am | View Link
  • Meet Nvidia's Next Billion-Dollar Opportunity
    All of this helped Nvidia report a triple-digit increase in revenue in the fiscal 2025 first quarter to $26 billion, along with more than $14 billion in net income -- and gross margin widened to more ...
    05/25/2024 - 10:14 pm | View Link
  • Nvidia’s Enormous Financial Success Becomes . . . Normal
    For the past five years, since Nvidia acquired InfiniBand and Ethernet switch and network interface card supplier Mellanox, people have been wondering ... distinct from its Graphics group. The actual ...
    05/22/2024 - 10:57 pm | View Link
  • More

 

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News