Key Points Nvidia won't make a lot of money from this acquisition. Adding Hugging Face to its portfolio positions Nvidia nicely for what comes after the AI infrastructure build-out. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) spent about $12.9 billion recently to acquire Hugging Face. While the name tells you absolutely nothing about what Hugging Face does, I think it's a game-changing buy for Nvidia, as it marks the chipmaker's step into a different part of the artificial intelligence (AI) sector. Nvidia investors should be thrilled with the direction this purchase will lead the company in. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005.
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