The startup’s CEO and some staff are to join Nvidia as part of new nonexclusive deal, a sign of growing demand for cutting-edge AI chips.

Nvidia has agreed to license chip technology from startup Groq and hire away its CEO, a veteran of Alphabet's Google. Groq said in a blog post on Wednesday. The deal follows a familiar pattern in recent years,

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 has struck what could be one of the most consequential AI deals of the year, reaching a blockbuster $20 billion agreement with AI chip startup Groq

Nvidia dropped $20 billion to acquire Groq, an artificial intelligence startup that’s been eating into Nvidia’s dominance in a crucial part of the AI market, a CNBC report said on Wednesday. It’s the chipmaker’s biggest deal ever,

Michael Burry of "The Big Short" fame said the US needs to shift away from "power-hungry" chips, but Nvidia has a "death grip" on the sector.

Despite the stock’s volatility, the company reaffirmed its optimism on its AI infrastructure business by projecting $3.4 billion in annual recurring revenue towards the end of 2026, up from $501 million during fiscal year 2025.

Nvidia said on Monday it acquired AI software firm SchedMD, as the chip designer doubles down on open-source technology and steps up investments in the artificial intelligence ecosystem to fend off rising competition.

Nvidia has been a dominant force in the AI computing market since the AI buildout began in 2023. However, viable alternatives are starting to pop up that could challenge Nvidia's dominance. If Nvidia's empire starts to crack, two stocks could soar in its place.

Congressional Democrats oppose NVIDIA's advanced H200 chip sales to China, with lawmakers calling the decision a threat to U.S. military security.