Nvidia Stock (NVDA) News: Groq Licensing Deal, Analyst Targets, and What to Watch Before Monday’s Open
Nvidia closed Friday at $190.53, up about 1% in a quiet post-holiday session. The company announced a non-exclusive deal to license inference technology from Groq, with several Groq executives joining Nvidia. Groq will remain independent, with Simon Edwards named CEO. Neither company disclosed financial terms, and both denied an outright acquisition.