Nvidia's $20 billion Groq deal faces lawsuit alleging startup's stockholders were shortchanged

Former Groq engineers Joshua Rubin and Benjamin Serebrin filed a lawsuit claiming Nvidia's $20B acquisition undervalued Groq stockholders and bypassed required stockholder votes. The deal involved a $17B license and $3B in Nvidia RSUs for Groq employees, with alleged board conflicts. Groq and Nvidia deny the claims and emphasize ongoing collaboration.