--- title: "Groq execs to join Nvidia as part of AI-chip licensing deal" description: "Nvidia Corp. has entered a non-exclusive licensing agreement with AI chip maker Groq, acquiring some of its executive team to advance licensed inference technology. Groq will remain independent, with " type: "news" locale: "en" url: "https://longbridge.com/en/news/270754156.md" published_at: "2025-12-24T22:38:36.000Z" --- # Groq execs to join Nvidia as part of AI-chip licensing deal > Nvidia Corp. has entered a non-exclusive licensing agreement with AI chip maker Groq, acquiring some of its executive team to advance licensed inference technology. Groq will remain independent, with Simone Edwards as the new CEO. Earlier reports of Nvidia buying Groq for $20 billion were overstated. Nvidia shares slightly declined but are up over 40% year-to-date. By Mike Murphy Nvidia's headquarters in Santa Clara, Calif. Nvidia Corp. has entered into a non-exclusive licensing agreement with AI chip maker Groq, and will acquire some of the startup's executive team. In a blog post, Groq said founder and CEO Jonathan Ross, President Sunny Madra and other personnel will be joining Nvidia (NVDA) "to help advance and scale" the licensed inference technology. "The agreement reflects a shared focus on expanding access to high-performance, low-cost inference," Groq said. Earlier, CNBC had reported Nvidia was buying Groq outright for about $20 billion, citing Alex Davis, CEO of Disruptive, which led Groq's most recent funding round. But that report appeared to be overstating the deal. Groq said it will remain an independent company, GroqCloud will continue to operate as usual and that Simone Edwards will become its new CEO. When asked to comment on the apparent mixup, a Groq spokesperson referred to the company's blog post, which she said "includes the factual terms of the agreement." An Nvidia spokesperson referred to the details of Groq's blog post as well. Disruptive did not immediately respond to a request for comment. Nvidia shares declined slightly Wednesday, but are up more than 40% year to date. Read more: Here's what Nvidia investors can look forward to in 2026 \-Mike Murphy This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. (END) Dow Jones Newswires 12-24-25 1738ET ### Related Stocks - [NVDA.US - NVIDIA](https://longbridge.com/en/quote/NVDA.US.md) - [NVDL.US - GraniteShares 2x Long NVDA Daily ETF](https://longbridge.com/en/quote/NVDL.US.md) - [07788.HK - XL2CSOPNVDA](https://longbridge.com/en/quote/07788.HK.md) - [07388.HK - XI2CSOPNVDA](https://longbridge.com/en/quote/07388.HK.md) - [NVDY.US - YieldMax NVDA Option Income Strategy ETF](https://longbridge.com/en/quote/NVDY.US.md) - [NVDD.US - Direxion Daily NVDA Bear 1X ETF](https://longbridge.com/en/quote/NVDD.US.md) - [NVDX.US - T-Rex 2X Long NVIDIA Daily Target ETF](https://longbridge.com/en/quote/NVDX.US.md) - [NVDQ.US - T-Rex 2X Inverse NVIDIA Daily Target ETF](https://longbridge.com/en/quote/NVDQ.US.md) - [SOXL.US - Direxion Semicon Bull 3X](https://longbridge.com/en/quote/SOXL.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Westfuller Advisors LLC Has $5.96 Million Stake in NVIDIA Corporation $NVDA | Westfuller Advisors LLC increased its stake in NVIDIA Corporation (NASDAQ: NVDA) by 33.8% in Q3, now holding 31,955 shar | [Link](https://longbridge.com/en/news/275977152.md) | | Apollo, xAI near $3.4 billion deal to fund AI chips, the Information reports | Feb 9 (Reuters) - Apollo Global Managementis nearing a deal to lend about $3.4 billion to an investment vehicle that wil | [Link](https://longbridge.com/en/news/275329753.md) | | Nvidia Stock Forecast Gets a Boost? Top Analyst Turns More Bullish Ahead of Q4 Earnings | Nvidia (NVDA) stock received a boost from UBS analyst Timothy Arcuri, who raised his price target to $245 from $235 ahea | [Link](https://longbridge.com/en/news/275702966.md) | | Nvidia CEO Huang won't attend India AI summit next week, company saus | Nvidia CEO Jensen Huang will not attend the India AI Impact Summit next week due to unforeseen circumstances, as confirm | [Link](https://longbridge.com/en/news/275975995.md) | | NVIDIA Corporation $NVDA Stock Holdings Decreased by Simplicity Wealth LLC | Simplicity Wealth LLC reduced its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 31.0% in Q3, now owning 220,979 shares | [Link](https://longbridge.com/en/news/275589676.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.