News 

The story, which was first reported in Digitimes, claimed Nvidia had decided to quit the chipset market after a number of high-end motherboard makers cancelled lines based on its nForce 7-series chipset.

However, Nvidia has reacted strongly to the story, firing off an emailed statement claiming the reports are "completely groundless."

"We have no intention of getting out of the chipset business," says Bryan Del Rizzo, platform products public relations manager for Nvidia.

"In fact, our MCP business is as strong as it has ever been for both AMD and Intel platforms."

Nvidia is facing renewed competition in its GPU business from Intel, which has released details of its new Larrabee graphics chips.