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Video · 2026-09-03

NVDA up 3.2% on Hugging Face acquisition

The catalyst: Hugging Face acquisition.

NVIDIA Corporation (NASDAQ:NVDA) has agreed to acquire Hugging Face for approximately $12.93 billion, making it one of Nvidia’s largest acquisitions. The deal gives Nvidia a much stronger position in open-source/open-weight AI, an area gaining traction because developers can customize models and potentially deploy them at lower costs than proprietary alternatives. Hugging Face has more than […]

As reported: “NVIDIA (NVDA)’s Hugging Face Deal Tests the Next Phase of its AI Strategy” — Yahoo Finance, 2026-09-03.

What happened after
T+1 +0.8%T+5 -4.4%T+20 +2.4%

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