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Barchart
Subhasree Kar

What a New Groq Lawsuit Means for Nvidia Stock Holders

Nvidia Groq Nvidia Stock Artificial Intelligence Lawsuit Daniel Ives NVDA Street Startups

Nvidia (NVDA) investors have a new legal development to watch following a lawsuit filed on Oct. 2 by two former Groq employees and shareholders over the artificial intelligence (AI) chip startup’s deal with Nvidia. The transaction, announced in December 2025, was structured as a non-exclusive licensing agreement rather than a traditional acquisition.

Nvidia agreed to pay $17 billion to license Groq’s language-processing-unit (LPU) technology, while also hiring Groq’s founder Jonathan Ross, senior executives, and much of its engineering team. A separate $3 billion Nvidia stock pool was created for certain Groq employees who joined Nvidia, bringing the widely reported value of the arrangement to about $20 billion.

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