Nvidia's Future M&A Plans

(Reuters) – AI chip leader Nvidia (NASDAQ:NVDA) may utilize its increasing cash reserves for potential mergers and acquisitions, according to finance chief Colette Kress at 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 stated during the UBS Global Technology and AI Conference when asked about the company's cash hoard.