Nvidia-Groq “Deal” Isn’t a Straight Acquisition After All — It’s a $20B-Scale Licensing Pact and Talent Move

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Reports that Nvidia is “buying” AI chip start-up Groq are being walked back after both companies outlined a structure that stops short of a full takeover: Nvidia has secured a non-exclusive license to Groq’s inference technology and is hiring Groq’s … Read More

Nvidia Posts Record $57 Billion in Quarterly Revenue as AI Chip Boom Accelerates

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Nvidia reported another set of blockbuster results for its latest quarter, easing fears of an “AI bubble” and underscoring its dominance in the market for chips that power artificial intelligence. Entrance of Endeavor headquarters building in 2018 For its third … Read More

Intel stock jumps after Nvidia takes $5B stake, unveiling deep product partnership

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Intel (NASDAQ: INTC) surged after Nvidia said it will invest $5 billion in Intel at $23.28 per share and the two will co-develop multiple generations of data-center and PC chips. Intel confirmed the collaboration and equity puStock Information for Intel … Read More