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

by December 3, 2024
written by December 3, 2024

(Reuters) – AI chip leader Nvidia (NASDAQ:NVDA) 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.

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