Exclusive: Nvidia buying AI chip startup Groq for about $20 billion in its largest acquisition on record

Nvidia is making its largest purchase ever, acquiring nine-year-old chip startup Groq for about $20 billion.

The company was founded by creators of Google’s tensor processing unit, or TPU, which competes with Nvidia for artificial intelligence workloads.

Groq was valued at $6.9 billion in a financing round in September.

https://www.cnbc.com/2025/12/24/nvidia-buying-ai-chip-startup-groq-for-about-20-billion-biggest-deal.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard