🚨BREAKING NEWS🚨
$NVDA is acquiring the company GROQ (not Musk’s GROK) for $20 billion. (excluding the Cloud segment)
✅ It specializes in inference — the phase when a finished AI responds to the user. Its chips are known for their extreme speed in generating text (LLM)
✅ With this acquisition, Nvidia eliminates the risk of being overtaken in this part of the market by a new, more efficient technology. From a long-term perspective, this strengthens the market position of $NVDA (MOAT). This is a BULLISH message for the shareholders of this giant.
It's not that interesting to me anymore, and I'd prefer $AMD, where the potential is greater.
Bulios Black
This user has access to exclusive content, tools and features of the Bulios platform thanks to their subscription.
This is of course good news and it further strengthens the business. Do you own $NVDA?