It had been suspected that Nvidia could be seeking to acquire Via, which later was toned down a bit to “just cooperating” in order to beef up their market share compared to behemoth Intel. What exactly they had in plan was unknown, but now Nvidia has come out to set the record straight regarding a buyout.

According to Nvidia's CEO Jen-Hsun Huang, his company will not be purchasing Via, and insisted that neither company is in financial peril. The reasoning behind his outright denial was laid forth as well, with him saying that Nvidia's focus will remain on one thing. He added they have no interest in “general-purpose” processor manufacturing. Considering that not long ago this same CEO claimed that Intel's technology was a joke and that they had huge plans in store, the rumors were not surprising.