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Nvidia’s Hugging Face Deal Is a Hedge against Broadcom’s Custom Silicon Threat

NVIDIA Corporation (NASDAQ:NVDA) has officially committed billions on AI developer platform Hugging Face for a $12.9 billion. The deal signifies the chipmaker’s move beyond hardware and up the AI stack. The AI chipmaker buying the open-source model hub millions of developers are already using reads differently when compared to Broadcom’s earlier forecast to double its […]

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Indices· September 06, 2026 at 10:51 AM
Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
NeutralMedium impact

AI summary

NVIDIA Corporation (NASDAQ:NVDA) has officially committed billions on AI developer platform Hugging Face for a $12.9 billion. The deal signifies the chipmaker’s move beyond hardware and up the AI stack. The AI chipmaker buying the open-source model hub millions of developers are already using reads differently when compared to Broadcom’s earlier forecast to double its […]

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