Two former Groq engineers have filed a lawsuit in Delaware against Groq’s board. They say the board kept a $20 billion licensing deal with Nvidia—used for Groq’s 3 LPU processor—hidden from other shareholders. The engineers allege the board withheld billions of potential value. The case was filed on Oct 8 2026.
Why it matters
If the board did conceal the deal, Groq’s investors could lose billions of dollars in undisclosed value.