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12/26/2025

Nvidia’s $20 Billion Groq Deal Signals a New Phase in the AI Chip Arms Race

Nvidia is making its boldest strategic move yet in the artificial intelligence boom, agreeing to acquire key assets from AI chip startup Groq for roughly $20 billion in cash. The transaction, Nvidia’s largest deal on record, underscores how fiercely competitive the race to dominate AI infrastructure has become—and how much capital market leaders are willing to deploy to stay ahead.

3 min read