Groq

Company

Last mentioned: 4h ago

Timeline

  1. GTC Conference Keynote

    Jensen Huang announces the $1 trillion revenue target and the 'inference inflection.'

  2. Earnings Call Forecast

    Nvidia reiterates a $500 billion revenue opportunity through 2026.

  3. Groq Licensing Deal

    Nvidia licenses technology from startup Groq for $17 billion to enhance inference speed.

  4. $5 Trillion Milestone

    Nvidia becomes the first company to reach a $5 trillion market capitalization.

Stories mentioning Groq 1

Launches Bullish

Nvidia's $1 Trillion AI Bet: Jensen Huang Pivots to the Inference Inflection

Nvidia CEO Jensen Huang has projected a $1 trillion revenue opportunity for AI chips through 2027, doubling previous estimates as the company pivots toward real-time inference computing. The announcement includes a $17 billion technology licensing deal with startup Groq to maintain dominance against custom silicon from Big Tech rivals.

2 sources