The deal would give Nvidia control of Hugging Face - which hosts open-source large language models and datasets
Japan's Nikkei 225 index dipped after an initial rise, influenced by Nvidia's strong AI earnings. Broader Asian markets were mixed, with investors cautious amid fluctuating global economic signals.
South Korea's KOSPI index surged after Nvidia's earnings report boosted investor confidence in AI chip demand, lifting Samsung and SK Hynix shares and reversing recent market volatility.
Nvidia has forecast a 70% jump in revenue next fiscal year, underscoring unabated demand for AI computing, while warning that shortages of memory components would continue to curb how quickly it can expand.
Nvidia Reports Blowout Quarter, Says Demand for AI Chips Is Getting Even HotterWSJ NVIDIA Announces Financial Results for Second Quarter Fiscal 2027NVIDIA Newsroom Nvidia Revenue Set to Increase 18X in 4 Years; Analyst Says 'Never in History' Has a Company Gr…
