Nvidia licensed Groq's AI inference technology and hired key engineers. Groq will continue to operate independently after the non-exclusive licensing agreement.
Nvidia Corporation earns a Buy rating, supported by robust fundamentals, a reasonable valuation, and technical chart breakout potential. NVDA trades at a forward P/E of ~27x, well below dot-com bubble levels, with a forward PEG of 1.08x, reflecting sustained high growth. Management maintains visibility to $500 billion in Blackwell and Rubin revenue through 2026, with upside potential from new G...
Nvidia is buying the AI chip startup Groq for $20 billion, according to a report from CNBC. The purchase is expected to be Nvidia's largest ever, and with Groq on its side, Nvidia is poised to become even more dominant in chip manufacturing.
Nvidia has agreed to buy Groq, a designer of high-performance artificial intelligence accelerator chips, for $20 billion in cash, CNBC reported on Wednesday.
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