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Stockreport

Nvidia Signs Licensing Deal With AI Chip Startup Groq [Yahoo! Finance]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
move that could extend its technology portfolio as demand for AI computing continues to expand. Under the agreement, Nvidia paid for the right to use Groq's chip design and plans to integrate the technology into future products, while several Groq executives, including Chief Executive Officer Jonathan Ross, are set to join Nvidia to help advance and scale the licensed technology. Groq said it will continue operating as an independent company under a new chief executive, with no financial terms of the deal disclosed. Warning! GuruFocus has detected 5 Warning Signs with NVDA. Is NVDA fairly valued? Test your thesis with our free DCF calculator. Nvidia's existing technology already dominates data centers at the center of the surge in AI-driven spending, a position that has made it the most valuable company in the chip industry and provided it with substantial resources to reinvest across the AI ecosystem. Groq, founded in 2016, is among a group of startups and large technology comp [Read more]
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Stockreport

Nvidia Signs Licensing Deal With AI Chip Startup Groq [Yahoo! Finance]

Microsoft Corporation  (MSFT) 
More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
move that could extend its technology portfolio as demand for AI computing continues to expand. Under the agreement, Nvidia paid for the right to use Groq's chip design and plans to integrate the technology into future products, while several Groq executives, including Chief Executive Officer Jonathan Ross, are set to join Nvidia to help advance and scale the licensed technology. Groq said it will continue operating as an independent company under a new chief executive, with no financial terms of the deal disclosed. Warning! GuruFocus has detected 5 Warning Signs with NVDA. Is NVDA fairly valued? Test your thesis with our free DCF calculator. Nvidia's existing technology already dominates data centers at the center of the surge in AI-driven spending, a position that has made it the most valuable company in the chip industry and provided it with substantial resources to reinvest across the AI ecosystem. Groq, founded in 2016, is among a group of startups and large technology comp [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS