Nvidia stock closes higher on Groq licensing deal as Wall Street heads into year-end
Nvidia shares closed up 1.0% at $190.53 after announcing a licensing deal with AI chip startup Groq. Groq founder Jonathan Ross and other executives will join Nvidia, while Groq remains independent. The broader market was flat, with the Dow down 0.04% and the S&P 500 off 0.03%. Investors await U.S. housing data and Fed minutes in the final three trading sessions of 2025.