Chipmaker Nvidia dropped 1.1% before the market on Monday, taking back some of last week's gains. Earlier, it was reported that Nvidia bought the assets of AI chip startup Groq for about $20 billion, setting a record for the largest transaction in its history. Nvidia shares rose 1% on Friday.

Chipmaker Nvidia dropped 1.1% before the market on Monday, taking back some of last week's gains. Earlier, it was reported that Nvidia bought the assets of AI chip startup Groq for about $20 billion, setting a record for the largest transaction in its history. Nvidia shares rose 1% on Friday.