{
  "id": 3735246,
  "title": "Nvidia stock price jumps on stunning growth forecast as Hugging Face acquisition rumors swell",
  "url": "https://urgent.news/2026/08/27/nvidia-stock-price-jumps-on-stunning-growth-forecast-as-hugging-face",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-27T12:13:00.000Z",
  "source": {
    "name": "Fast Company",
    "slug": "fast-company",
    "url": "https://www.fastcompany.com/91597164/nvidia-stock-price-today-ai-chip-growth-buying-hugging-face-rumors"
  },
  "original_language": "en",
  "account": "Shares of Nvidia Corporation, the world's largest technology company, rose in premarket trading on Thursday following the release of its impressive second-quarter results for fiscal 2027 and a rosy forecast for the upcoming fiscal year. The company reported revenue of $96.2 billion and data center revenue of $89.0 billion, marking double-digit growth year-over-year. Adjusted earnings per share stood at $2.22, which far exceeded analysts' predictions. CEO Jensen Huang highlighted that AI has reached a critical inflection point, and demand is accelerating, with Nvidia's data center business now diversified across multiple customers. In addition to the strong financials, rumors swirled that Nvidia had agreed to purchase AI repository Hugging Face for almost $13 billion, a move that could bolster the company's position in the burgeoning open-weight and open-source AI communities. Nvidia's stock price climbed around 6% in response to the earnings report and optimistic outlook, pushing its share price to approximately $222.25 per share in pre-market trading.",
  "summary": "Shares in Nvidia Corporation (Nasdaq: NVDA) are up in premarket trading on Thursday, one day after the world’s largest technology company announced not only better-than-expected quarterly results, but full fiscal year guidance that surprised even many AI bulls. Separately, there are reports the company has offered to buy the popular AI repository Hugging Face for almost $13 billion. Here’s what…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "Business Insider",
        "title": "Nvidia has been in talks to acquire Hugging Face for more than $13 billion",
        "url": "https://urgent.news/2026/08/27/nvidia-has-been-in-talks-to-acquire-hugging-face-for-more-than-13",
        "published": "2026-08-27T00:34:46.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Nvidia agrees to buy Hugging Face for $16.4 billion: Report",
        "url": "https://urgent.news/2026/08/27/nvidia-agrees-to-buy-hugging-face-for-16-4-billion-report",
        "published": "2026-08-27T02:47:00.000Z"
      },
      {
        "outlet": "MarketWatch Top",
        "title": "What to know about Hugging Face, the open-source AI startup reportedly catching Nvidia’s eye",
        "url": "https://urgent.news/2026/08/27/what-to-know-about-hugging-face-the-open-source-ai-startup-reportedly",
        "published": "2026-08-27T03:17:00.000Z"
      },
      {
        "outlet": "TechCrunch",
        "title": "Nvidia closes in on Hugging Face acquisition",
        "url": "https://urgent.news/2026/08/27/nvidia-closes-in-on-hugging-face-acquisition",
        "published": "2026-08-27T06:32:51.000Z"
      },
      {
        "outlet": "Tech in Asia",
        "title": "Nvidia agrees to buy Hugging Face for $12.9b: report",
        "url": "https://urgent.news/2026/08/27/nvidia-agrees-to-buy-hugging-face-for-12-9b-report",
        "published": "2026-08-27T07:42:09.000Z"
      },
      {
        "outlet": "Handelsblatt",
        "title": "Künstliche Intelligenz: Bericht: Nvidia will Hugging Face in Milliardendeal kaufen",
        "url": "https://urgent.news/2026/08/27/kunstliche-intelligenz-bericht-nvidia-will-hugging-face-in",
        "published": "2026-08-27T09:31:54.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Hugging Face unveils Microduck, a $400, 1.7lb, 10-inch-tall bipedal robot developed in part by Pollen Robotics and manufactured by Shenzhen-based Seeed Studio (Bloomberg)",
        "url": "https://urgent.news/2026/08/27/hugging-face-unveils-microduck-a-400-1-7lb-10-inch-tall-bipedal-robot",
        "published": "2026-08-27T11:25:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}