Nvidia Just Paid $20 Billion for a Company That Missed Its Revenue Target by 75%

Panic buying, plain and simple. If anything indicates that this AI bubble is about to pop, it’s this.

First, Let’s Clear Up the Groq Confusion

If you’ve heard “Grok” thrown around lately, you’re probably thinking of Elon’s chatbot from xAI. We’re not talking about that one. That model isn’t particularly good, but its whole value prop is being politically incorrect so you can get it to say edgy things.

The company Nvidia bought is Groq (with a Q). Totally …