The deal was first reported as an exclusive with CNBC on Wednesday. Alex Davis, the CEO of Disruptive, the company that led Groq's latest financing round, said Nvidia has agreed to buy Groq's assets for $20 billion in cash, the news outlet reported.

It’s no surprise that NVIDIA is gradually dropping support for older videocards, with the Pascal (GTX 10xx) GPUs most recently getting axed. What’s more surprising is the terrible way

OpenAI’s upcoming GPT model and the data center buildout will be telling for the chip maker’s competitive advantage, Wall Street says

Nvidia has agreed to license technology from AI startup Groq for use in some of its artificial intelligence chips, marking the chipmaker's largest deal and underscoring its push to strengthen competitiveness amid surging demand.

Micron has raised its server-growth forecast for 2025 to a high teens percentage range, up from the prior expectation of 10%. It expects the server market to keep growing in 2026, a trend that's likely to last through 2030.

He now sets a head-spinning $250 base-case target for Nvidia by the end of 2026, which represents a 33% gain from its current price at $187.67 (at the time of writing). Ives is betting that the AI story some investors think they’ve missed is just getting started.

Nvidia is reorganizing its cloud division, DGX Cloud, to focus more on internal needs rather than competing directly with Amazon Web Services, Google Cloud and Microsoft Azure.