Breaking down Nvidia’s unusual $20 billion deal with Groq
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/11/2026
- Wall St climbs after August inflation report, oil price slide
- Oracle raises full year profit guidance, stock rises after hours
- Oil falls but on track for 8% weekly gain on supply concerns; US diesel hits record high
- 'No panic anywhere' may be the problem, BofA strategists warn
- Buy Shopify stock at this ’AI-enabled entry point,’ analyst says
- After-Hours Movers: ORCL, CRWV, ADBE, ACVA, CPRT, ZUMZ, PMTS, RH
- After-Hours Movers: COO, AEO, NAVN, AVAV, TORO
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
Wells Fargo on NVIDIA (NVDA) and Groq: 'We think this is a very interesting strategic move'
December 29, 2025 5:49 AM ESTWells Fargo analyst Aaron Rakers reiterated an Overweight rating and $265.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "What's New? Despite various reports that NVDA was spending as much as $20B+ to acquire privately-held Groq, Groq cleared the confusion by officially announcing that it had entered into a non-exclusive licensing agreement with NVIDIA (see here). More notably,... More
