NVIDIA Corp. (NASDAQ:NVDA) shares climbed to $190.16 in overnight trading on Robinhood, gaining 0.82%, following Wednesday’s announcement of a non-exclusive licensing agreement with AI chip startup Groq.



Check out the current price of NVDA stock here.



<h2>$20.6 Billion Cash Deal Confirmed</h2>



Groq, which was founded in 2016, has entered a non-exclusive licensing agreement with NVIDIA covering its inference technology. 



According to Alex Davis, CEO of Disruptive, NVIDIA agreed to buy assets from Groq for $20 billion in cash. 



Disruptive is a Dallas-based growth investment firm and a major investor in Groq.



<h2>Leadership Transition And Operations</h2>



Groq founder and CEO Jonathan Ross will join NVIDIA to integrate the licensed technology. 



Ross confirmed the collaboration on X, emphasizing its role in scaling AI processing solutions.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div>
<blockquote>Today Groq entered into a non-exclusive licensing agreement with Nvidia for Groq's inference technology. Along with other members of the Groq team, I'll be joining Nvidia to help integrate the licensed technology. GroqCloud will continue to operate without interruption. Learn…— Jonathan Ross (@JonathanRoss321) December 24, 2025</blockquote>
</div></figure>



<h2>Market Context</h2>



The deal follows Groq's $750 million funding round earlier in September, backed by investors including Samsung Electronics Co. (OTC:SSNLF) and Cisco Systems (NASDAQ:CSCO).



In December, analysts remained bullish on Nvidia, with Morgan Stanley (NYSE:MS) maintaining an Overweight rating and a $250 price target, reflecting continued confidence in the company's AI‑driven growth outlook.



Over the past 12 months, Nvidia has gained 34.79%, reflecting a strong upward trend.



The large-cap tech company has a market capitalization of $4.58 trillion, with its 52-week trading range spanning $86.63 to $212.19.



Benzinga’s Edge Stock Rankings highlight NVDA stock has a Quality score of 97.89. Here is how the stock fares on other parameters.



<figure class="wp-block-image aligncenter size-full is-resized"></figure>



Read Next:



<ul>
<li>Google Rolling Out Gmail Address Change Feature: Here Is How It Works</li>
</ul>



Photo Courtesy: bluestork on Shutterstock.com



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

NVDA

NVDL

07788

07388

NVDY

NVDD

NVDX

NVDQ

SOXL

NVIDIA shares climbed to $190.16 in overnight trading following the company's $20 billion licensing agreement with AI chip startup Groq.

- NVIDIA Corp. shares rose to $190.16 after announcing a non-exclusive licensing agreement with AI chip startup Groq.  
- Groq will provide its inference technology under a $20 billion cash deal, with its CEO Jonathan Ross joining NVIDIA to help integrate the technology.  
- The agreement follows Groq's $750 million funding round, reflecting NVIDIA's strong performance and bullish outlook from analysts despite recent market fluctuations.

benzinga_article

NVIDIA

GraniteShares 2x Long NVDA Daily ETF

XL2CSOPNVDA

XI2CSOPNVDA

YieldMax NVDA Option Income Strategy ETF

Direxion Daily NVDA Bear 1X ETF

T-Rex 2X Long NVIDIA Daily Target ETF

T-Rex 2X Inverse NVIDIA Daily Target ETF

Direxion Semicon Bull 3X

NVIDIA Stock Crosses $190 On Robinhood Overnight Trading After Groq Deal