DOJ Probes NVIDIA's $12.93B Hugging Face Deal as Export Curbs Bite
NVDA sits 30% above its 52-week low of $164.27.
Summary
The Justice Department is investigating NVIDIA's $12.93B acquisition of Hugging Face on competition and control-of-AI-distribution grounds, and NVIDIA now says the deal may not close until H1 2027. That follows the 8-K from September 3 announcing the deal at roughly $11.9B plus up to $1.0B in retention equity — the probe puts the timeline and possibly the terms at risk. Separately, U.S. export rules still bar NVIDIA's top AI GPUs from China, capping a market the company has already flagged as a drag. On the buildout side, management pegs a 1 GW AI data-center plant at about $50B of construction cost for roughly $40B in annual revenue, and says a three-month deployment delay costs about $10B — useful framing for the Ohio campus and $279B of supply commitments. DSX POD shipments begin early 2027 with 17 partners including Dell, HPE and Lenovo, and RTX Spark laptops start at $2,599. Q3 FY2027 results land November 17, 2026.
At the time of this announcement, NVDA was trading at $213.87 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.2T. The 52-week trading range was $164.27 to $243.37. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.