FeesSafety
Pluang+

US DOJ probes Nvidia's $12.9B Hugging Face deal over competition concerns

Market News
28 Oct 2026, 23:13 WIB
CNBC
View Source
Neutral
US DOJ probes Nvidia's $12.9B Hugging Face deal over competition concerns

The U.S. Department of Justice is investigating Nvidia's $12.9 billion acquisition of Hugging Face, an open-source AI platform, to assess its impact on market competition. Hugging Face is widely used by millions and offers tools for AI development and collaboration. This deal is Nvidia's second-largest purchase after acquiring Groq assets for $20 billion, which also drew DOJ attention. The investigation highlights regulatory scrutiny on major AI industry consolidations and their effects on competitors.

As of Oct 29, 2026 03:33 WIB, Nvidia's stock on Pluang trades at USD 213.60, down 1.99% for the day. The platform shows a market cap of $5.26 trillion and a typical hold time of 117 days among investors. Despite regulatory scrutiny over its Hugging Face deal, Nvidia maintains a strong presence with 64% of Pluang order activity as buys.

More News (NVDA)

Anthropic's S-1 shows strong AI demand and profitability, signaling a bullish AI investment outlook despite inflation risks.

Anthropic's S-1 shows strong AI demand and profitability, signaling a bullish AI investment outlook despite inflation risks.

Anthropic's S-1 filing highlights robust demand for AI technology, strong unit economics, and adjusted profitability, reinforcing confidence in AI investments. Inflation remains a key risk, potentially impacting valuations and financing for smaller A...

Neutral
8 hours ago
NVIDIA nears $6T market cap with strong AI demand and robust financials, despite some supply risks.

NVIDIA nears $6T market cap with strong AI demand and robust financials, despite some supply risks.

NVIDIA currently holds a $5.26 trillion market cap and is on track to reach $6 trillion, driven by high demand for its AI technology and strong revenue growth. The company reported a 105.8% year-over-year revenue increase in Q2 FY2027 and expects 70%...

Market News
Bullish
9 hours ago
Nvidia eases supply constraints, boosting growth potential and chip capacity through 2027.

Nvidia eases supply constraints, boosting growth potential and chip capacity through 2027.

Nvidia is overcoming previous supply bottlenecks, enabling it to increase chip production and meet growing demand from major clients like SpaceX, Alphabet, and Meta. This easing of supply constraints could lift Nvidia's growth ceiling well into 2027,...

Analyst Insights
Bullish
10 hours ago
Two stocks, Nvidia and Coca-Cola, offer attractive dividend opportunities for December 2026.

Two stocks, Nvidia and Coca-Cola, offer attractive dividend opportunities for December 2026.

Investors looking for dividend income can consider Nvidia and Coca-Cola for potential payouts in December 2026. Nvidia provides exposure to AI growth with a modest dividend yield of 0.46%, paying an estimated $0.25 per share on December 25, 2026, sup...

Market News
Bullish
11 hours ago
Bezos advises retirees to buy the S&P 500 over AI stocks, but the index's tech concentration poses hidden risks.

Bezos advises retirees to buy the S&P 500 over AI stocks, but the index's tech concentration poses hidden risks.

Jeff Bezos recommends retirees invest in the S&P 500 rather than individual AI stocks, citing the difficulty in picking winners and the risk of market bubbles. However, the S&P 500 is heavily weighted toward about 10 tech giants, including Amazon, Nv...

Neutral
11 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App