S&P 5007,675.70▼0.0% Nasdaq26,130.20▼0.1% Dow53,463.88▼0.2% Russell 2K3,005.90▼0.1% 10-Yr4.66%+3bp VIX15.21−0.24 WTI$81.58▼0.9% Gold$4,666.20▲0.6% EUR/USD1.166▼0.1% BTC$80,244▲1.5% Nikkei66,212▼0.1%
At close · Thu, Aug 27, 2026
Daily Market Updates.

Global Markets

Home›Global Markets›North America›Nvidia in talks to buy Hugging Face as shares surge

Nvidia in talks to buy Hugging Face as shares surge

The reported deal interest comes after Nvidia topped revenue expectations, helping drive the stock higher.

Reported · Written up by our desk · North America

CNBC World said new reports have emerged that Nvidia could be in talks to acquire Hugging Face, the AI company behind popular open source language models.

The outlet linked the renewed interest in a potential deal to Nvidia's recent performance, noting that the AI chipmaker surged after it topped revenue forecasts, which lifted its stock.

← Newer storyConnecticut seeks injunction to block Kalshi sports event contracts

More like this

Global MarketsNvidia shares rise after revenue guidance supports AI demand outlook
Global MarketsSupreme Court leaves a path for Trump to try again to remove Fed Gov Lisa Cook
Global MarketsDOJ and FBI seize domains tied to QTFY malware platforms
Global MarketsLocal backlash questions Virginia data center campus plans
Global MarketsCash rounding and credit card surcharges are reshaping everyday prices

Sources

CNBC WorldCNBC Daily Open: Does Nvidia need a hug?

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.