Evercore ISI notes that a report from SemiAccurate claims that Nvidia (NVDA) is negotiating the acquisition of a large PC company and that Dell (DELL) and HP Inc. (HPQ) were up 6% and 4%, respectively, intraday. While calling the report “highly speculative,” the firm also views it as “incrementally supportive of the broader thesis that AI will ultimately move closer to the edge.” The firm sees Dell and HP as positioned well for any acceleration in AI-enabled device demand, the analyst added.
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