The Zhitong Finance App learned that Wall Street analysts are generally optimistic about the latest deal between Nvidia (NVDA.US) and AI inference chip company Groq. Among them, the Cantor agency believes that the deal has both “offensive” and “defensive” strategic significance, reaffirming Nvidia as the “preferred stock”, maintaining a “bulking” rating and providing a target price of $300; while Bank of America pointed out that although Nvidia's acquisition of Groq at a high price was unexpected, it successfully turned a potential ASIC technology threat into its own competitive barrier. From a long-term perspective, this layout is worth remarkable, so it maintains a “buy” ; Rating and target price of $275.

The Zhitong Finance App learned that Wall Street analysts are generally optimistic about the latest deal between Nvidia (NVDA.US) and AI inference chip company Groq. Among them, the Cantor agency believes that the deal has both “offensive” and “defensive” strategic significance, reaffirming Nvidia as the “preferred stock”, maintaining the “gain” rating and providing a target price of $300; while Bank of America pointed out that although Nvidia's acquisition of Groq at a high price was unexpected, it successfully turned a potential ASIC technology threat into its own competitive barrier. From a long-term perspective, this layout is worth remarkable, so it maintains a “buy” rating and a target price of $275.