Why Nvidia's 'defensive move' to acquire Hugging Face is about much more than chips
Reported by CNBC · cnbc.com · September 4, 2026
Nvidia’s $12.9 billion Hugging Face deal could protect its open AI ecosystem, deepen ties with developers and keep the platform from rivals.
What the tape says
What to watch: NVIDIA Corp. (NVDA) is involved in M&A activity valued around $12.9 billion — deal terms and financing structure matter more than the headline here.
Market reaction today: $NVDA +0.84%
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