Nvidia closes in on Mellanox deal in data center push

Nvidia offers bid for Israeli chip firm Mellanox: report

Shares of Mellanox rose 8.8 percent and Nvidia shares fell 1.3 percent in premarket trading. Mellanox also gives Nvidia access to the high-speed networking market. Mellanox makes chips that connect those servers together inside the data centre.

The purported $7 billion acquisition of Mellanox would be NVIDIA's largest acquisition ever, and would see the GPU giant bolster its business of making various chips for the datacenter.

"We want to double down on data centres", he said. The chipmaker has grown at a rapid pace in the past few years under Huang, but a slowdown in China and a fading cryptocurrency craze have started to weigh on its sales in recent quarters.

"Intel losses market shares to Nvidia in the computing side", said Jeremie Capron, head of research at ROBO Global, which runs a robotics and AI- focused exchange-traded fund under the ticker "ROBO".

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Jackson averaged a league 18.9 yards per catch last season, a year in which he had 44 catches for 774 yards and four touchdowns. His playing time was reduced in the second half of last season, but he's still an effective interior pass-rusher.

The deal will expand the offerings of Nvidia, which produces chips and other technologies for video games, facial recognition systems and autonomous vehicles. It's about market share in a segment they're already in, he said.

Nvidia says that going forward, with Mellanox onboard, it'll be able to "optimise data center-scale workloads across the entire computing, networking and storage stack to achieve higher performance, greater utilization and lower operating cost for customers". Mellanox will play a role in Nvidia's supercomputing, data centre and cloud service initiatives.

The agreement, which the companies described as "definitive", follows a competitive bidding process which according to sources familiar with the matter, included rival chipmakers such as Intel.

That in turn has increased demand for products from both NVIDIA and Mellanox.

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Ramos, who was on the other side, was said to have taken offence to what Marcelo said and could not disguise his anger. Real are now third in La Liga , 12 points behind leaders Barcelona.

Reuters reported about the deal on Sunday.

Representatives for Nvidia, Mellanox and Intel declined to comment.

It is expected to close by the end of 2019.

Mellanox will be accretive to Nvidia's non-GAAP earnings and cash flow. The transaction will still have to win approval from regulators. "While computing demand is surging, CPU performance advances are slowing".

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You may want to use today to apologize for your own #lies and #DirtyDeeds to women like Karen McDougal and Stephanie Clifford". Ultimately, all anyone can do is wait and see what the latest chapter of Cohen and Trump's story holds.

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