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The Dow Jones index rose on Thursday while Treasury yields declined, and Nvidia stock rallied following a reported deal with Hugging Face.

The article highlights the rise in semiconductor stocks amid ongoing AI infrastructure expansion, framing a comparative analysis between Nvidia and AMD as key beneficiaries.

Nvidia confirmed its acquisition of Hugging Face for $12.9 billion, a platform hosting over 3 million AI models and used by over 18 million developers.

Nvidia announced the acquisition of Hugging Face, an AI model-sharing platform with over 18 million developers, for $12.93 billion.

NVIDIA announced the acquisition of Hugging Face, a private AI platform, for $12.93 billion, following a recent security incident at OpenAI.

Nvidia announced a $13 billion acquisition of Hugging Face, positioning the company as a key player in open-source AI infrastructure.

Nvidia announced a $13 billion agreement to acquire private AI model platform Hugging Face.

Nvidia has agreed to acquire Hugging Face for approximately $13 billion, a move intended to expand the chipmaker's reach into the AI development ecosystem.

Nvidia announced a $13 billion acquisition of Hugging Face, an open-source AI platform, following Hugging Face's decision last year to reject a large investment from Nvidia to maintain independence.

The article reports that Nvidia's CEO characterized AI as key economic infrastructure that is sparking a new industrial revolution.

The article claims that 75% of Nvidia's $63 billion investment portfolio has been deployed into two unnamed 'game-changing' AI stocks, which have appreciated in value over the past year.

Broadcom's reported growth in AI chip development signals increased competition in custom AI solutions, potentially challenging Nvidia's market leadership.