ReportWire

Tag: Chip Stocks Semiconductor Industry News

  • Nvidia Deal With Groq Called ‘Strategic’ Amid Rise Of Custom AI Chips

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    Nvidia’s (NVDA) technology licensing deal with Groq and hiring of the AI start-up’s key personnel is a strategic move as the focus of artificial intelligence moves from training to inference, Wall Street analysts say. Nvidia stock rose on Friday. Groq announced late Wednesday that it had entered into a nonexclusive inference technology licensing agreement with Nvidia. As part of the…

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  • Futures Rise With Market Above Key Level; What To Do

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    Dow Jones futures rose slightly early Wednesday, along with S&P 500 futures and Nasdaq futures. The stock market rally had a strong Tuesday, with the major indexes and small-cap Russell 2000 regaining their 50-day moving averages, shrugging off weakness in Nvidia (NVDA) and Advanced Micro Devices (AMD). The 10-year Treasury yield fell to the key 4% level as weak economic…

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