Nvidia's $20B Groq Acquisition: AI Dominance
Update: 2025-12-29
Description
Nvidias acquisition of Groq for $20 billion bolsters its edge in real-time AI tasks, marking a shift from AI training to constant computing. The deal, coming after Nvidias strong Q3 results, is seen as a strategic move to widen its lead in the AI market. Analysts praise the acquisition, with a consensus price target of $256, indicating a potential 37% upside. Checkout Solipillow.com
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