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Groq IPO

Groq builds custom AI chips called LPUs (Language Processing Units) designed for extremely fast inference of large language models. The company's processors can serve AI responses significantly faster than GPU-based alternatives. Groq is valued at around $2.8 billion and is part of the growing AI chip ecosystem challenging Nvidia's dominance.

AcquiredUpdated March 4, 2026

What We Know

Nvidia announced the acquisition of Groq's assets for approximately $20 billion in December 2025. Groq's CEO and senior leaders are joining Nvidia as part of a non-exclusive licensing agreement. The acquisition eliminates any near-term IPO prospects for the AI inference chip startup.

Frequently Asked Questions

Has Groq had an IPO?

Groq will not be going public. Nvidia announced the acquisition of Groq's assets for approximately $20 billion in December 2025. Groq's CEO and senior leaders are joining Nvidia.

When is the Groq IPO date?

There will be no Groq IPO. Nvidia acquired the AI inference chip company for approximately $20 billion in December 2025.

How can I buy Groq stock?

You cannot invest directly in Groq as a standalone company. Nvidia (NVDA) acquired Groq's assets. To gain exposure to Groq's technology, you can invest in Nvidia stock.

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