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Nvidia (NVDA) Soars with $20B Groq Acquisition, Boosting AI Chip Dominance

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The Story

News Summary

  • Nvidia is acquiring AI chip startup Groq for $20B to enhance its AI technology, supported by strong analyst buy ratings and a 40% price target upside by 2026.
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NVDA price history

210.96 +18.92% over the displayed period

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