Though Huang did not offer details on the types of technologies the company might be interested in acquiring, when it comes to hardware, the Journal reported that Huang said, "We will not build things that the market already has... such as smartphones, PCs and tablets."

Nvidia purchased about 500 wireless technology patents in 2012 for an undisclosed sum and it also acquired wireless modem-maker Icera in 2011 for $367 million.

The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move.

-- Written by Brittany Umar.
Brittany joined TV in November 2006 after completing a degree in Journalism and Media Studies at Rutgers College. Previously, Brittany interned at the local ABC affiliate in New York City WABC-TV 7 where she helped research and produce On Your Side, a popular consumer advocacy segment.

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