The Story
News Summary
- Nvidia announced a $12.9 billion acquisition of Hugging Face, the leading open-source AI platform serving over 18 million developers.
- The massive strategic deal deepens Nvidia's software moat and strengthens its developer ecosystem against competing chipmakers, despite paying a rich multiple of 86 times sales.
Explore NVDA price history & advisor snapshot
These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.
Stored market data
NVDA price history
215.61
+22.10% over the displayed period
Advisor Snapshot
Unlock Member-Only Insights
Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.