Nvidia makes its biggest purchase ever
According to CNBC, Nvidia has agreed to pay about $20 billion in cash for Groq, a specialist in AI accelerator chips used to power inferenceâEUR"the stage...
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JPMorgan beat earnings expectations amid record market revenue, but a downbeat outlook for net interest income hurt the stock.
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According to CNBC, Nvidia has agreed to pay about $20 billion in cash for Groq, a specialist in AI accelerator chips used to power inferenceâEUR"the stage...
Nvidia has entered into a nonexclusive licensing agreement with AI-chip maker Groq, and will acquire some of the startup's executive team.
Nvidia pays $20B for Groq's AI chip assets, continuing its pattern of absorbing rivals and strengthening the case for decentralized alternatives.
Nvidia, IBD Stock Of The Day, is above an early entry. The AI chipmaker will kick off the new year with announcements at the CES 2026 tech trade show.
STORY: From market jitters over Oracle to Nvidia's big China move, this is AI Weekly.:: AI WeeklyOracle shares fell last week after a key financial partner...
Nvidia isn't the only chip company benefiting from the artificial intelligence hardware boom.
Investment bank Citi named Microchip as its top pick among chip stocks as it forecasts a resurgence for analog semiconductors in 2026.
Chips were the first part of the AI boom, and power may be next.
Shares of networking chips designer Marvell Technology (NASDAQ: MRVL) jumped 3.4% in the afternoon session after investment firm Citi issued a positive cat...
Kaspersky has reported that the crypto-stealing malware Stealka has been distributed through fake game mods and pirated software on GitHub, SourceForge and...
U.S. brands China chip drive 'unreasonable,' but defers tariffs to 2027
US authorities are investigating the Singapore-based cloud computing company Megaspeed over alleged