Besides Nvidia, Wedbush's Dan Ives recommended three other “Magnificent Seven” stocks to play the AI trade, plus a “cult” stock and a software company.
Nvidia is in advanced talks to buy Israel-based AI startup AI21 Labs for as much as $3 billion, the Calcalist financial daily reported on Tuesday.
Shares of NVIDIA Corp. (NASDAQ:NVDA) gained 2.71% over the past five trading sessions after gaining 4.35% the five prior.
Considering it's up nearly 23,000% over the past ten years, Nvidia (NASDAQ: NVDA) has undoubtedly changed the lives of many investors. But is Nvidia stock still a millionaire maker?
The financial world shook in late December 2025 when NVIDIA NASDAQ: NVDA announced a strategic move to lock down Groq's assets and leadership in a deal valued at approximately $20 billion. For Wall Street, this confirms that the artificial intelligence (AI) boom is evolving from a speculative frenzy into a permanent industrial shift.
Nvidia (NASDAQ:NVDA) experienced an impressive year in 2025, with the stock increasing by more than 35% due to the skyrocketing demand for its leading GPUs. Revenues are anticipated to grow over 63% for the ongoing fiscal year ending in late January.
The chipmaker's AI-inference agreement with startup Groq indicates growing competition for top talent and technology.
Nvidia Corporation announced a landmark $20B acquisition of AI start-up Groq, integrating its LPU technology and engineering talent. This deal directly challenges Google's TPUs, positioning NVDA to dominate both AI training and inference with ultra-low-latency architecture. Integrating Groq's LPUs into the 2026 Vera Rubin chips hedges against high bandwidth memory shortages and strengthens Nvidia's AI ecosystem moat.
Nvidia (NASDAQ:NVDA) has become the face of the artificial intelligence (AI) boom, powering much of the infrastructure behind generative AI and data centers.
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) is reportedly acquiring most of the assets of AI chip company Groq in a transaction valued at roughly $20 billion in cash. The deal is also said to include a non-exclusive licensing agreement for Groq's inference technology.
The Consumer Electronics Show in Las Vegas next week will mark the opening act of what Wedbush calls a decisive year for artificial intelligence spending. The broker says the conference will “kick off a key year for the AI revolution”, with the spotlight firmly on Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) and its chief executive Jensen Huang, who delivers the opening keynote on January 5.
Nvidia (NVDA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.