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NVDA - Mellanox More Than Biding Its Time Into The Nvidia Deal Close
NVIDIA Corporation
With Chinese approval of the proposed Nvidia (NVDA) acquisition of Mellanox (MLNX) still an “any day now” event, there’s been no new developments since my last update for arguably the most important driver of Mellanox shares now. I had hoped that approval would come before the Chinese New Year, but that didn’t happen, and with the added issue of the coronavirus outbreak, Mellanox and Nvidia shareholders may have to sit tight a little while longer.
I continue to believe that there’s little long-term risk in playing this opportunity. Yes, I expect