Wall Street’s Not Sure What to Think About Nvidia’s Deal for Groq, But Mizuho Says You Should Keep Buying NVDA Stock
Nvidia (NVDA) shares remain in focus this week after the semiconductor behemoth confirmed it’s spending $20 billion to acquire Groq’s assets and talents. Founded in 2016, this artificial intelligence (AI) startup based out of Mountain View, California specialize in high-bandwidth, low-latency architectures. More News from Barchart At the time of writing, Nvidia stock is up roughly 120% versus its year-to-date low set in early April. www.barchart.com Mizuho Explains Why Groq Deal Is Bullish for Nvidia ...