Nvidia's $13B Hugging Face Bid Gains Momentum as Robot Duck Sales Hit $2.6M
NVDA sits 33% above its 52-week low of $164.07.
Summary
Hugging Face's Microduck robot pulled in $2.6M in orders within 24 hours, underscoring consumer appetite for AI-powered robotics. The launch comes amid reports that Nvidia is seeking to acquire Hugging Face for $13 billion, a deal that would deepen its reach into open-source AI models and physical AI. Strong early sales validate the robotics push and could strengthen Nvidia's hardware distribution strategy. The acquisition, if completed, would be one of Nvidia's largest and expand its control over open-source AI ecosystems. Watch for confirmation of the deal terms and any regulatory scrutiny.
At the time of this announcement, NVDA was trading at $217.88 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.