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Nvidia Rival Groq Reportedly Eyes $6 Billion Valuation, Cisco And Samsung-Backed Company Looks To Double Valuation Amid Surging AI Chip Demand
Thursday, July 10, 2025 - 1:07am | 459On Wednesday, Nvidia Corporation (NASDAQ:NVDA) briefly hit $4 trillion market cap. Meanwhile, its rival Silicon Valley startup Groq is reportedly aiming to raise fresh capital at a $6 billion valuation to fulfill a major Saudi contract. What Happened: Groq has spoken to investors about raising...