NVIDIA is trading 3.34% up now at ARS 14870.00 after announcing a definitive agreement to acquire Hugging Face.
- The transaction includes an approximately $11.9 billion purchase price and up to $1.0 billion in employee retention incentives.
- The deal expands NVIDIAβs position across open-source AI software and infrastructure.
- The Nasdaq Composite is up 0.69%, while strong recent earnings and forward AI demand continue reinforcing investor enthusiasm.