143: Rice filled the gap in my country's lack of graphics card companies.

Seeing that Xiaomi was not taking the bait, Nvidia decided to stop pretending. They directly released news that they were selling their mobile chip division and stated that they were in talks with China's Dami Company regarding this matter, with progress going very smoothly.

By the time the news reached China, two days had already passed. Chinese netizens pushed the topic #Xiaomi Acquires Nvidia# to the top of the hot search list on the Social Media Platform.

The onlookers expressed that this was some massive gossip.

"Holy crap! Lei Juns nickname is awesome. He's quietly moving to acquire Nvidia. Is President Lei preparing to switch careers and make graphics cards?"

"Xiaomi is mighty!"

“Lei Jun: Since you let your Tegra 4 screw me over, I'll just buy your company. That way, you won't be able to screw me anymore.”

"After Lei Juns nickname acquires Nvidia, it will fill the gap of our country not having a graphics card company. It should be recorded in the history books!"

"From now on, my computer's graphics card must be Xiaomi brand! No one else will do!"

"Are the people upstairs looking with their rear ends? Xiaomi wants to acquire Nvidia's mobile chip division, not the whole of Nvidia. Even if President Lei really wanted to buy Nvidia, the USA might not even sell it."

"Xiaomi's ambition isn't small; they want to play with chips already? President Lei, listen to me, the chip industry is too deep, you won't be able to handle it."

"If Xiaomi succeeds in this acquisition, then we will have three companies in the country capable of independently designing mobile processors. Xiaomi's meteoric rise will be just around the corner!"

"Is this still the Dami Company I know? Remarkable! Truly remarkable!"

Most netizens were just there for the gossip, but some were seriously following the progress. One didn't need to guess to know this news was definitely released by Nvidia. It was impossible for Xiaomi to expose it before the negotiations were finalized.

Lei Jun didn't know whether to laugh or cry looking at the online comments. Clearly, it was an acquisition of the mobile chip business still in the negotiation phase, but in the mouths of netizens, it had turned into Xiaomi officially entering the graphics card business. Acquiring Nvidia today, and acquiring Fruit Company tomorrow was just around the corner.

Lei Jun: Please spare me, I really don't have the ability to acquire Fruit. The last mobile phone company that claimed they'd acquire Fruit hasn't even released a single phone yet.

"President Lei, this Nvidia is truly despicable."

"They intentionally leaked the news to force us to follow their terms. This is truly a 'harming the enemy by eight hundred but losing twelve hundred' move."

"Aren't they afraid that once the news is out, Nvidia's stock will drop by the value of an entire mobile chip division?"

Lin Bing couldn't understand what Old Huang was thinking. As soon as the stock market opened today, Nvidia's stock dropped by several hundred million us dollars, which was even higher than their asking price for the mobile chip division.

Did Nvidia think that exposing the negotiations would make other companies offer a high price to acquire their mobile chip business?

"Don't panic."

"Old Huang did this on purpose; it's a tactic in business negotiations. I've been through the ups and downs for over a decade (though it seems I haven't 'downed' much), what kind of tricks haven't I seen?"

"I'm not worried about Nvidia not selling or asking for a high price now; I'm worried that Chen Chen from Red Star will come and stick his nose in."

"How about this, go post on our Social Media Platform account to deny this matter first, and see Nvidia's attitude."

Lei Jun thought that since Nvidia didn't want to talk and wanted to force his hand, he would leave them out in the cold for a bit. It wasn't like Xiaomi absolutely had to buy it.

Xiaomi would only strike for absolute cost-effectiveness!

Beijing.

Red Star Company.

"President Chen, President Chen, Nvidia released news saying they want to sell their mobile chip business."

"Should we make a move?"

Lu Weiqi, who had just returned to the country, hadn't even had time to rest before rushing to Chen Chen's office.

Looking at the travel-worn Lu Weiqi, Chen Chen said crossly, "I say, Old Lu, you've been abroad for so long, I feel like there's less meat on your face than before."

"Don't worry about company matters for now, go get some rest first."

Lu Weiqi touched his face, thinking to himself, 'Did I lose weight? I was in the USA every day drinking French red wine and being served American beef, I could barely walk. He says I lost weight after I came back?'

"It's fine, President Chen, I'm not tired. I think although Nvidia's chip design capability isn't great, we must get our hands on some of their technical patents."

"Old Lu, are you saying we should step in and compete with Lei Jun?" Chen Chen said, looking at Lu Weiqi.

"Shouldn't we?"

Lu Weiqi muttered in his heart, 'Since I joined Red Star, which time have you, Chen Chen, not focused on targeting Xiaomi and Lei Jun? How could I not know what you're thinking? I'm afraid you've been wishing for Xiaomi to go bankrupt as soon as possible.'

'Not stepping in to dig a pit for Lei Jun? Is that still you, Chen Chen?'

"President Chen, although the technology of Nvidia's mobile chips isn't the most top-tier, their technology will definitely be of some help to us. Moreover, they also possess some 4G patents. I think these patents are a goal we must strive for."

"Even if we can't buy them, we should obtain some of Nvidia's patent licenses."

"Most importantly, by intercepting Nvidia's mobile chip business, we can not only enhance our own chip technical strength but also keep Xiaomi out of the field of mobile processor design."

"It's simply killing two birds with one stone!" Lu Weiqi said with a smile.

"Old Lu, you should know why Old Huang would spread the news about Xiaomi acquiring their mobile chip business, right?"

Lu Weiqi thought, 'I've been in this industry for so many years, how could I not know? It's nothing more than the two sides being unable to agree on a price, and Nvidia spreading news to get other companies to join in, thereby driving up their own price.'

Now Old Huang was dying for another sucker to show up.

But if no second company showed interest, Old Huang's move would have offended Xiaomi as well, and in the end, he would still have to negotiate with Xiaomi.

"President Chen, I understand what you mean, but are we just going to watch as Xiaomi also gains the ability to design mobile chips?"

"I heard in the USA that Nvidia already started designing their new processor with an integrated 4G baseband last year. If it weren't for the Tegra 4 being lackluster, we might have seen the mass-produced Tegra 5 this year."

Chen Chen looked at Lu Weiqi with a serious expression, and only after a long while did he speak, "Old Lu, although I have been targeting Xiaomi, that is only in terms of business."

"Xiaomi wanting to acquire Nvidia's mobile chip business is a good thing. Regardless of whether Lei Jun is doing it out of business considerations or other thoughts, this behavior is worthy of affirmation."

"Our Chinese domestic manufacturers cannot use chips from the USA for their whole lives. Xiaomi having the ability to independently design chips, even if they compete with us, is healthy competition. It enhances our own Chinese scientific research strength."

"Xiaomi is willing to pull its neck back and doesn't want to be at Qualcomm's mercy. Even if we don't support them, we cannot secretly trip them up."

"I, Chen Chen, do things openly and honestly, and will never stab someone in the back."

Lu Weiqi's lip curled as he listened. 'You?'

'Open and honest?'

'Wasn't it you who leaked the news about Xiaomi's Tegra 4 processor failure?'

However, Lu Weiqi thought about it and realized Chen Chen was right. Xiaomi having chip design capabilities would enhance the strength of domestic enterprises. There was no need for Red Star to make things difficult for Xiaomi in this matter.