Jensen Huang, chief executive of Nvidia, stated that his company had not been approached to participate in a group effort to acquire a stake in a company that would operate Intel's foundry unit. He dismissed claims that Nvidia was working with industry peers and TSMC on such a deal at a press conference at GTC,

TSMC reportedly approached Nvidia about a joint venture to acquire Intel's foundry business. Jensen Huang denied being part of a consortium attempting to break up