A NVIDIA logo appears in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration

Nvidia to buy AI chip startup Groq for about $20 billion, CNBC reports

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Dec ‌24 : Nvidia has agreed to ‌buy Groq, ‌a designer of high-performance artificial ‍intelligence accelerator chips, for $20 ​billion ‌in cash, CNBC ​reported on ⁠Wednesday.

(Reporting ‌by ​Harshita Mary Varghese ‍in ⁠Bengaluru; ​Editing ‌by ‍Shailesh ​Kuber)

Source: Reuters

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