Nvidia, Groq
Digest more
Nvidia has agreed to a "non-exclusive" license to Groq's technology, Groq said. It said its founder Jonathan Ross, who helped Google start its AI chip program, as well as Groq President Sunny Madra and other members of its engineering team, will join Nvidia.
The deal was first reported as an exclusive with CNBC on Wednesday. Alex Davis, the CEO of Disruptive, the company that led Groq's latest financing round, said Nvidia has agreed to buy Groq's assets for $20 billion in cash, the news outlet reported.
Stacy Rasgon, senior analyst at Bernstein Research, joins ‘Squawk on the Street’ to discuss what the Nvidia–Groq deal means for the semiconductor space, his take on Intel’s surge in 2025, and more.
Groq CEO Jonathan Ross’ net worth surges after Nvidia’s $20 billion deal: Here’s how much he’s worth
Groq CEO Jonathan Ross’ net worth has reportedly jumped sharply following Nvidia’s $20 billion deal, spotlighting how the landmark partnership has boosted the AI chip startup founder’s wealth.
Groq, a rival to Nvidia in the AI chip race, has entered into a non-exclusive agreement with the Green Team, with a deal valued at $20 billion, roughly $13 billion more than Groq's last evaluation. Nvidia will also hire the firm's founder and CEO,
DA Davidson analysts struggled to see the technological rationale, suggesting Groq’s chips might excel at prefill operations but noting that "Nvidia already has Rubin CPX on the way." They also questioned whether this was a defensive move, stating that Nvidia "only has to be concerned about Google for the foreseeable future."
A new type of dealmaking is on the rise in Silicon Valley as Nvidia reaches a non-exclusive deal with a chip startup and hires its top engineers.
Nvidia (NVDA) reached a deal to license AI chip startup Groq's (GROQ.PVT) technology. Globalt Investments senior portfolio manager Keith Buchanan and Yahoo Finance Senior Reporter Ines Ferré discuss the deal and what it means for Nvidia investors and the broader AI space.
One of the world’s biggest chipmaking company Nvidia has agreed on Wednesday December 24,2025 to license chip technology from startup Groq and hire away its CEO, a veteran of Alphabet.The
In addition to the nonexclusive licensing deal, Groq's founder and CEO Jonathan Ross, president Sunny Madra and other senior leaders "will join Nvidia to help advance and scale the licensed technology," the startup said in a blog post.