Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

NVIDIA's $20B Groq Deal Is a Warning Shot to AI Rivals [Yahoo! Finance]

NVIDIA Corporation (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Company Research Source: Yahoo! Finance
The company used its substantial free cash flow to fund this strategic expansion while also returning capital to investors through a cash dividend. This strategic move effectively neutralizes potential competition by integrating top engineering talent and proprietary technology into the NVIDIA ecosystem. Interested in NVIDIA Corporation? Here are five stocks we like better. While the markets were quiet for the post-Christmas trading session, NVIDIA (NASDAQ: NVDA) made a noise that will echo for years. The company announced a definitive agreement to pay approximately $20 billion in cash to license the technology and hire the core engineering team of AI chip startup Groq. The timing of this announcement is poetic. On the very day NVIDIA is distributing its quarterly dividend of $0.01 per share to loyal shareholders, it is aggressively reinvesting its massive cash pile to secure its future dominance. The market reaction has been swift and bullish. NVIDIA shares climbed roughly 1 Show less Read more
Impact Snapshot
Event Time:
NVDA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for NVDA alerts
Opt-in for
NVDA alerts

from News Quantified
Opt-in for
NVDA alerts

from News Quantified