Nvidia(US:NVDA) Ge Long Hui A P P·2025-12-26 23:13Core Viewpoint - Nvidia and Groq have announced a $20 billion non-exclusive licensing agreement, which analysts suggest is a strategic move to navigate antitrust scrutiny while maintaining a competitive facade in the AI market [1] Group 1: Strategic Implications - The non-exclusive licensing agreement is seen as a common strategy among tech giants to avoid regulatory challenges, particularly antitrust risks [1] - Analysts from Bernstein highlight that structuring the deal as a non-exclusive license helps to maintain the appearance of competition in the market [1] - Cantor analysts describe the agreement as both an offensive and defensive strategy, aiding Nvidia in expanding its complete system technology stack and solidifying its leadership in the AI market [1] Group 2: Market Significance - Bank of America characterizes the deal as "surprising, expensive but strategically significant," emphasizing Nvidia's focus on the future growth of AI inference chips [1]