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Nvidia Surges on Reported $14B Hugging Face Acquisition Talks

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Nvidia jumped over 4% on reports of advanced talks to acquire AI platform Hugging Face for $14 billion.
  • Major U.S.
  • stock indices closed mostly higher despite persistent interest rate hike concerns and severe sell-offs across high-multiple software and cybersecurity equities.
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XAUUSD price history

4350.90 -5.18% over the displayed period

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