NVIDIA is trading 3.08% up at $9.71 after Bloomberg reported on September 2, 2026, that the company is in advanced talks to acquire AI platform Hugging Face in a transaction potentially worth about $14 billion, including an employee-retention package.
- The deal would expand NVIDIA’s presence across the AI software ecosystem.
- Broader equities are higher, but semiconductor stocks are under pressure from elevated bond yields, making the acquisition report the stronger explanation.