Hugging Face approached Nvidia’s Huang weeks ahead of $12.9B acquisition, CEO tells CNBC
Reported by CNBC · cnbc.com · September 3, 2026
Nvidia CEO Jensen Huang said that with Hugging Face, the chipmaker will "expand access to AI for developers and institutions worldwide."
What the tape says
What to watch: NVIDIA Corp. (NVDA) is involved in M&A activity valued around $12 — deal terms and financing structure matter more than the headline here.
Market reaction today: $NVDA +0.84%
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