Nvidia’s Structured Groq Deal Avoids Antitrust Spotlight
Nvidia sidestepped regulatory scrutiny by structuring its Groq acquisition as an asset purchase rather than a full takeover. The $20 billion transaction—potentially the chipmaker's largest ever—closed quietly without press releases or regulatory filings. Groq confirmed the deal through a 90-word blog post after markets closed for the holiday.
Key Groq executives, including founder Jonathan Ross, will join Nvidia to scale licensed AI technology. The startup retains independence under CFO Simon Edwards, with Disruptive Capital's Alex Davis noting his firm invested over $500 million in Groq prior to the deal. Bernstein analyst Stacy Rasgon observed Nvidia's market dominance now allows billion-dollar deals to pass without significant investor reaction.
