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Nvidia (NVDA) Soars on $20B Groq Licensing Deal Boosting AI Inference Growth

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Nvidia announced a $20 billion licensing deal with Groq that enhances its AI inference capabilities, improving long-term growth prospects and driving its focus toward inference workloads with a raised price target of $245.
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NVDA price history

218.29 +19.87% over the displayed period

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