人民财讯12月27日电，当地时间12月26日，美股三大指数收盘均微跌，纳指跌0.09%，道指跌0.04%， 标普500指数跌0.03%。大型科技股涨跌不一，特斯拉跌超2%，谷歌、苹果、微软等小幅下跌；英伟达 涨超1%，奈飞涨近1%，亚马逊、英特尔小幅上涨。纳斯达克中国金龙指数收涨0.72%。小鹏汽车涨超 6%，蔚来涨近4%，阿里巴巴、百度涨超1%；霸王茶姬跌2.54%。 转自：证券时报 ...

Merry Christmas and happy holidays! It’s a quiet week at the SGX but we did have a couple of news to share plus a major acqui-hire across the pond by NVIDIA (NASDAQ: NVDA).Volare Group bids for Alpha Integrated REIT Volare Group has entered into a sales and purchase agreement with ESR Group (SEHK: M1GU) to acquire ESR’s 241.6 million units in Alpha Integrated REIT (AIR, SGX: M1GU), representing 21.5% of AIR, at S$0.40 per unit. AIR was formerly called Sabana REIT. Post-acquisition, Volare will control appro ...

格隆汇12月27日｜本周，英伟达与Groq宣布达成的一项200亿美元交易被描述为"非排他许可协议"。分 析师指出，这类非排他性许可协议近年来被科技巨头广泛使用，部分原因是规避监管审查。Bernstein分 析师Stacy Rasgon表示："反垄断风险似乎是主要问题，但将交易结构设为非排他许可，有助于维持竞争 假象。"Cantor分析师表示，此举既是进攻也是防守，有助于英伟达扩大完整系统技术栈，巩固在AI市 场的领导地位。美银证券也称交易"令人惊讶、昂贵但具有战略意义"，凸显英伟达对AI推理芯片未来增 长的重视。 ...

Core Viewpoint - Nvidia's recent $20 billion licensing agreement with Groq positions the company as a pivotal player in the AI data center sector, with significant implications for future chip demand [1][3]. Company Summary - Nvidia's stock closed at $190.53, reflecting a 1.02% increase, with a market capitalization of $4.6 trillion [2]. - The company has experienced a remarkable growth of 464,416% since its IPO in 1999 [2]. - Nvidia's trading volume was 136.8 million shares, which is approximately 27% below its three-month average of 188.5 million shares [2]. Industry Summary - The $20 billion acquisition of Groq, a chip start-up founded by developers of Alphabet's TPU, is seen as a strategic move to enhance Nvidia's AI capabilities [6]. - The deal includes the integration of Groq's AI inference technology and its executives into Nvidia, further solidifying its leadership in the AI sector [6]. - Nvidia's recent stock performance has shown an upward trend, with an increase of over 11% in the past six days [7].

The S&P 500 hit a new intraday high while gold and silver continue to soar, today, Dec. 26, 2025.The S&P 500 (^GSPC 0.03%) slipped 0.03% to 6,929.94, the Nasdaq Composite (^IXIC 0.09%) eased 0.09% to 23,593.10, and the Dow Jones Industrial Average (DJINDEX: ^DJI) edged down 0.04% to 48,710.96, all cooling slightly after recent highs in thin post‑Christmas trade.Market moversNvidia (NVDA +1.02%) ticked higher as investors reacted to its Christmas Eve deal to buy about $20 billion in assets from AI startup Gr ...

And a new note today is calling out the best way to play the cyber AI theme. Let's bring in the man behind it, Dan Ies. He's global head of technology research at Wedbush.Dan, it's great to see you. Welcome to >> be here. >> Give me, you know, on a zero to 10 your excitement level about Nvidia, Tesla, and then cyber security in kind of ranked order or is it just going to be an uh, you know, rising tide lifts all boats next year.Why does Crowd Strike in particular jump out to you. Yeah, look I mean to me it' ...

Now, Mackenzie Sagalos has more in today's tech check. And Mackenzie, I I sort of stopped short when I was reading about this. Maybe you can help explain because he called this a licensing deal, but then it said, I believe, if I'm not mistaken, that the CEO of Gro is going to go work for Nvidia and that it's non-exclusive.I'm like, what is this. An acquisition or what is this. >> It's not an acquisition.They've been very specific in saying that. But this Grock deal came together in just a few days. in the s ...

Market Overview - The market and leading AI stocks are at an inflection point, with potential for near-term volatility or pullback, but long-term opportunities remain compelling, extending into 2026 and beyond [1] - AI capital spending is projected to reach approximately $571 billion by 2026, with Nvidia, Broadcom, and Vertiv positioned as critical enablers of this infrastructure buildout [2] Nvidia - Nvidia is a key player in the AI boom, leading in GPU technology, and has seen a 42% return in 2025 despite a subdued year [6] - The company has advanced its largest acquisition to date, acquiring assets from AI chip startup Groq for about $20 billion, which strengthens its competitive position in AI semiconductors [7][8] - Analysts have raised earnings estimates for Nvidia, leading to a Zacks Rank 2 (Buy), with a consensus forecast of nearly 16% earnings growth for the next year and 46.3% annual EPS growth over the next three to five years [9] - The technical picture for Nvidia has improved, breaking out from a descending bullish wedge, indicating potential for further upside as 2026 approaches [10] Broadcom - Broadcom has become increasingly important in the AI ecosystem, particularly as Alphabet reasserts its leadership in AI and large language models [12] - The company plays a critical role in supporting Alphabet's AI infrastructure, providing expertise in ASIC design and networking, which is essential for scaling AI systems [13] - Broadcom currently holds a Zacks Rank 3 (Hold), with consensus estimates projecting 35.7% annual EPS growth over the next three to five years, and trades at approximately 36x one-year forward earnings [14][15] - The stock has shown resilience, finding support after a selloff, and the technical outlook remains encouraging as long as that support holds [16] Vertiv - Vertiv supplies essential power, cooling, and thermal-management solutions for data centers, reinforcing its position in the AI infrastructure buildout [17] - The company has announced expanded partnerships and highlighted strong backlog growth tied to AI-driven capacity expansion, with consensus forecasts indicating 30.2% annual EPS growth over the next three to five years [18] - Vertiv trades at a 40.6x forward earnings multiple, which is justified by its growth rate and role in AI infrastructure [18] - The stock has been consolidating within a defined trading range, with a key resistance level around $180, indicating potential for further upside if that level is broken [19][23] Investment Consideration - Nvidia, Broadcom, and Vertiv collectively offer complementary exposure to the AI buildout, covering compute, custom silicon, networking, and physical infrastructure [24] - Despite potential near-term volatility, the fundamentals, earnings momentum, and long-term demand visibility for these companies remain strong, favoring opportunistic accumulation as the AI investment cycle extends into 2026 and beyond [24]

Core Viewpoint - Nvidia is acquiring top talent and technology from Groq for $20 billion in a non-exclusive licensing agreement, marking its largest acquisition in history and reflecting a strategic shift in how tech companies are approaching talent acquisition and technology access [1][5][12]. Company Overview - Nvidia is the world's most valuable company and has not issued a press release regarding the acquisition, only confirming Groq's blog post [1]. - The acquisition is part of a broader trend among tech giants like Meta, Google, Microsoft, and Amazon, who are spending significantly to hire top talent and secure technology through licensing rather than traditional acquisitions [6]. Financial Details - Groq's lead investor confirmed the $20 billion cash deal, with Groq previously valued at $6.9 billion during its latest financing round [2]. - Nvidia's stock rose approximately 2% to $192.40 following the news, with a year-to-date increase of 43% and a thirteenfold rise since the end of 2022 [7]. Strategic Implications - The acquisition of Groq is seen as a move to enhance Nvidia's competitive position in the AI market, particularly in the inference segment, where Groq specializes [10][11]. - Analysts believe this deal will widen Nvidia's competitive moat and strengthen its overall leadership in the AI ecosystem [11]. Market Context - Nvidia's cash reserves have significantly increased, reaching $60.6 billion by the end of October, up from $13.3 billion earlier in 2023, allowing for substantial investments in the AI sector [8]. - The deal raises questions about the ownership of Groq's intellectual property and its implications for competition in the AI market [12].

Core Viewpoint - BofA Securities maintains a Buy rating and a price target of $275 on NVIDIA Corp following a licensing agreement with Groq for AI inference technology [1][2] Group 1: Licensing Agreement Details - The potential agreement with Groq could be valued at up to $20 billion and may involve members of Groq's management team joining NVIDIA [2] - Groq's language processing unit technology is materially different from NVIDIA's core GPU architecture [2] Group 2: Strategic Implications - The deal highlights NVIDIA's acknowledgment that while GPUs are dominant in AI training, the growth of inference may necessitate specialized hardware solutions [3] - Incorporating different chip architectures could complicate NVIDIA's future roadmaps and pricing strategies [3] - The agreement may enable NVIDIA to leverage its balance sheet and platform leadership to provide broader customer options [3] Group 3: Competitive Positioning - The agreement conceptually enhances NVIDIA's competitive stance against specialized ASIC providers [4] - BofA reaffirms its view of NVIDIA as a leading pick in the sector [4]