A Deal With Groq Is Lifting Nvidia's Stock as 2025 Approaches [Yahoo! Finance]
NVIDIA Corporation (NVDA)
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Source: Yahoo! Finance
The partnership will have Grog's founder and CEO Jonathan Ross and others from the company joining Nvidia, which is reportedly paying $20 billion for some Groq assets. The trading year is almost over—but Nvidia still has some news to make. The chip giant earlier this week struck a deal with inference chipmaker Groq, a non-exclusive licensing pact that according to the announcement leaves the latter company independent—but also has founder and CEO Jonathan Ross, President Sunny Madra and other members of the company joining Nvidia ( NVDA ) “to help advance and scale the licensed technology.” Nvidia, the world's most valuable company, has been a powerful stock largely on the back of powerful growth in its business. This week's news of a deal that includes a licensing partnership, the acquisition of some key executives and, reportedly, a multibillion-dollar investment is another signal of optimism about its business. The news helped lift Nvidia's shares on Friday, with the stock
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News
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- Nvidia's Groq deal underscores how the AI chip giant uses its massive balance sheet to 'maintain dominance' [Yahoo! Finance Canada]Yahoo! Finance Canada
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- 11/19/25 - Beat
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- 12/22/25 - Form 4
- 12/22/25 - Form 4
- 12/19/25 - Form 144
- NVDA's page on the SEC website