Nvidia closed at $190.53, up 1.02% with a trading volume below average. The $20 billion Groq deal is seen as a strategic AI win. The S&P 500 slipped 0.02% while the Nasdaq Composite eased 0.09%. AMD fell 0.02% and Intel edged up 0.11% in response to Nvidia’s momentum in AI servers.

Nvidia’s acquisition of Groq for $20 billion integrates AI technology, enhancing its sector leadership. The stock has risen over 11% in the past six days. Stock Advisor revealed the 10 best stocks, including Nvidia, Intel, and Alphabet, with significant returns. Howard Smith has positions in these companies and has options on Nvidia and Intel.

Read more at Nasdaq: Stock Market Today, Dec. 26: Nvidia Rises on $20 Billion Groq Licensing Deal