Future Tech

Nvidia CFO says M&A possible use for growing cash hoard

Tan KW
Publish date: Wed, 04 Dec 2024, 05:28 AM
Tan KW
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Future Tech

 AI chip leader Nvidia could put its growing cash pile to use through possible mergers and acquisitions, finance chief Colette Kress said during a technology conference in Arizona on Tuesday.

"We can also think about that in terms of our work, of bringing on great teams in some M&A form," she said at the UBS Global Technology and AI Conference, responding to questions on the company's cash hoard.

 


  - Reuters

 

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