Nvidia to Buy Chip-Designer Groq for $20 Billion, CNBC Reports

--Nvidia agreed to buy AI chip startup Groq for $20 billion in cash, CNBC reported, citing the chief executive of investment firm Disruptive, which led Groq's latest financing round.

--The Groq cloud business won't be part of the acquisition, the report said, citing Disruptive CEO Alex Davis.

----Groq is expected to inform its investors of the deal later Wednesday, according to the report.


Full article at https://www.cnbc.com/2025/12/24/nvidia-buying-ai-chip-startup-groq-for-about-20-billion-biggest-deal.html


Write to Nicholas G. Miller at nicholas.miller@wsj.com


(END) Dow Jones Newswires

December 24, 2025 16:41 ET (21:41 GMT)

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