NVDA edges toward two-month high after Hugging Face deal backing
Nvidia shares were on track for a two-month high in early trading after analysts backed the company’s $12.93 billion acquisition of AI platform Hugging Face, citing expanded access to AI software and the developer ecosystem.
Nvidia (NVDA) shares were on track to reach a two-month high in early trading Friday after analysts backed the chipmaker’s $12.93 billion acquisition of AI platform Hugging Face, saying the deal gives Nvidia greater access to the software and developer ecosystem around AI models.In a note to invest…