NVDA Stock Today: December 24 — Groq Tech Deal Extends AI Inference Edge
The Nvidia Groq deal is in focus after reports pointed to asset purchases and a non-exclusive license for Groq’s low-latency inference technology. NVDA closed at $188.61, down 0.32%, with traders weighing how this move could boost real-time AI workloads. We break down what was reported, what it could add to Nvidia’s AI factory, and how NVDA stock today stacks up on price levels, momentum, and valuation for U.S. investors.
What the news means for investors
CNBC reported Nvidia will buy Groq’s assets for about $20 billion, the largest in its history source. Separately, the Wall Street Journal said Nvidia signed a non-exclusive license for Groq’s inference technology, with key leaders joining the company source. For the Nvidia Groq deal, either path adds low-latency expertise to the AI stack.
Groq’s strength is fast, predictable inference for streaming responses. Folding that into Nvidia’s AI factory can lower response times for search, assistants, and edge services. The Nvidia Groq deal could deepen platform lock-in across CUDA, networking, and software. That supports data center demand, where real-time inference growth often follows training deployments, potentially extending NVDA’s revenue momentum into 2025 and beyond.
Market reaction and key levels
NVDA stock today finished at $188.61, down 0.60 on the day. Session range was $186.59 to $188.91. Price sits above the 50-day average of $185.68 and the 200-day of $158.33, below the 52-week high of $212.19. RSI is 57.32 and ADX is 13.08, signaling a sideways tape. Price neared the upper Bollinger Band at $188.67, a spot where short-term pullbacks often start.
Volume printed 65.53 million versus a 191.23 million average, a lighter session. MACD histogram turned positive at 0.97, while CCI at 116 shows mild overbought. ATR of 6.03 implies about a 3% daily swing. Money Flow Index is 57.43. Traders watching AI inference chips may prefer buys near the 50-day average and trims near $190 to $193 resistance zones.
Fundamentals and Street view
Nvidia’s fundamentals remain strong. Gross margin is 70.05%, operating margin 58.84%, and net margin 53.01%. Revenue rose 125.85% year over year, with ROE at 103.82% and a current ratio of 4.47. Debt remains low with a debt-to-equity of 0.09. The Nvidia Groq deal could support higher utilization across software and networking, improving operating leverage in data center.
NVDA trades at 46.25 times TTM earnings and 24.54 times sales, rich but supported by growth. Street targets center at $234.73, with a $232.50 median and $352 high. Ratings skew positive: 55 Buy, 2 Strong Buy, 1 Hold, 1 Sell. Our stock grade is A with a Buy suggestion. The Groq licensing deal may justify premium multiples if latency wins broaden workloads.
What to watch next
We will track whether regulators review an asset purchase or if it remains a clean license. Watch leadership hires, early product roadmaps, and benchmarks that show faster response times. The Nvidia Groq deal could show up in customer announcements or AI Enterprise feature updates. The next listed earnings date is February 25, 2026, which will guide data center growth and inference mix.
For position traders, support near the 50-day average around $185.68 looks key. Resistance sits near $190 to $193, then $200. Manage size given an ATR near 6. Short-term, range trading fits. Longer term, we see the Nvidia Groq deal as a positive for platform depth, helping stickier software and services tied to low-latency inference.
Final Thoughts
Bottom line, the Nvidia Groq deal adds speed-focused inference talent to Nvidia’s platform at a time when real-time AI is scaling across search, assistants, and edge services. Reports point to either a large asset purchase or a non-exclusive license, but both paths align with Nvidia’s AI factory strategy. For investors, price sits above key moving averages with mild overbought signals and resistance near $190 to $193. We would monitor integration milestones, customer adoption, and any regulatory notes. For portfolio setup, use pullbacks toward the 50-day average for entries, reassess near $200, and stay nimble while the tape builds a clearer trend.
FAQs
Reports differ. CNBC said Nvidia will buy Groq’s assets for about $20 billion, while the Wall Street Journal reported a non-exclusive licensing agreement with leaders joining Nvidia. Either way, the expected outcome is access to Groq’s low-latency inference technology, which could improve real-time AI workloads across Nvidia’s data center platform.
Groq focuses on low-latency, consistent inference. If integrated, Nvidia could deliver faster responses for chat, search, and streaming apps, boosting utilization of GPUs, networking, and software. That can lift attach rates and support higher recurring revenue, especially as trained models move into production and require predictable, real-time performance.
At 46x TTM earnings and 24.5x sales, valuation is premium. Bulls argue growth, 70% gross margins, and high ROE justify it, especially if the Nvidia Groq deal expands inference demand. Bears point to multiple compression risk. We prefer entries on dips near the 50-day average and trims near resistance.
Support sits near the 50-day average at $185.68, then $180. Resistance appears around $190 to $193 and then $200. RSI at 57 suggests neutral momentum, while ADX at 13 signals a weak trend. ATR near 6 implies typical daily swings around 3%, helpful for sizing risk and stops.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
