Nvidia stock gains as Hugging Face deal lifts growth bets
Published on 09/04/2026 at 07:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Nvidia stock (US67066G1040) gained after reports on September 4, 2026 said the company agreed to buy Hugging Face for $12.9 billion. Tradegate closed Nvidia at EUR 196.48 on September 3, 2026, up 1.44 percent, with a market value of about USD 5.4 trillion on the same market snapshot.
Deal size meets scale
Reuters reported on September 3, 2026 that Nvidia had agreed to buy Hugging Face for $12.9 billion. The first market reaction was visible in the stock itself: the Tradegate quote added 1.44 percent on September 3, 2026, and another report put the New York price at USD 229.88 later the same day.
For investors, the size matters as much as the signal. A $12.9 billion move into open-source AI software pushes the company beyond chips and into the software layer that shapes model adoption.
Revenue still sets the pace
MarketBeat said Nvidia last posted quarterly earnings on August 26, 2026, with revenue of USD 96.22 billion, up 105.9 percent year over year, and EPS of USD 2.22, above the USD 2.09 consensus by USD 0.13. The same source put net margin at 63.66 percent and return on equity at 96.04 percent.
That combination is the key comparison: revenue more than doubled, while EPS still beat expectations in a quarter that already ran at extreme scale. MarketBeat also cited a consensus rating of Moderate Buy and a consensus price target of USD 324.23.
Nvidia revenue and AI software shift
The latest report shows how fast the core business still scales while the new deal points to broader control over the AI stack.
Hugging Face broadens the story
Hugging Face is more than a headline asset: it is a developer platform tied to open-source model distribution and adoption. By attaching a $12.9 billion price tag to that layer, Nvidia is signaling that software distribution can matter almost as much as the hardware underneath it.
That helps explain the market value backdrop. MarketBeat placed Nvidia's market cap at USD 5.41 trillion, while Tradegate showed a 52-week range of EUR 164.07 to EUR 236.54 and a close at EUR 196.48 on September 3, 2026.
Trading near the range
The stock's 1.44 percent gain on Tradegate left it below the 52-week high and above the 52-week low, which keeps the chart constructive without overstating the move. In New York, another report put the shares at USD 229.88 on September 3, 2026.
Nvidia stock facts
- Company: Nvidia Corporation
- ISIN: US67066G1040
- Ticker: NVDA
- Trading venue: NASDAQ, with Tradegate quote
- Price (as of September 3, 2026, 21:02): EUR 196.48
- Market capitalization: USD 5.41 trillion (as of September 3, 2026)
- Sector / Industry: Semiconductors / Computer Hardware
- Index membership: S&P 500
