Nvidia’s Groq Deal Signals AI Chip Expansion as Shares Climb
Nvidia's strategic licensing pact with inference chipmaker Groq—reportedly involving a $20 billion asset acquisition—propelled its shares 1.5% higher Friday, extending 2025's 40% rally. The deal brings Groq CEO Jonathan Ross and key executives into Nvidia's fold while maintaining Groq's independence.
The MOVE underscores Nvidia's dominance in AI infrastructure, leveraging Groq's specialized hardware to scale next-gen inference workloads. Market reaction reflects confidence in Nvidia's vertical integration strategy amid fierce competition for AI accelerators.