NVIDIA Eyes $2.3B AI Chip Startup Rebellions in Potential Acquisition
NVDA sits 33% above its 52-week low of $164.07.
Summary
NVIDIA is in preliminary talks with South Korean AI chip startup Rebellions about a technical partnership, investment, or outright acquisition, Bloomberg reported. CEO Jensen Huang met with Rebellions CEO Sunghyun Park at NVIDIA's Santa Clara headquarters this week. Rebellions designs neural processing units for AI inference and was last valued at roughly $2.3 billion, with backing from SK Hynix, Samsung Ventures, and Arm. The move extends NVIDIA's strategy of absorbing or partnering with AI chip startups, following its unconventional Groq deal in late 2025. With $50.33 billion in cash as of April 26, NVIDIA has ample firepower for such a deal. Earnings on August 26 will provide the next major catalyst, with revenue expected to nearly double year-over-year to $91.91 billion.
At the time of this announcement, NVDA was trading at $218.44 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.2T. The 52-week trading range was $164.07 to $236.54. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Benzinga.