[DEVELOPING] DOJ reportedly examining Nvidia's $12.9B Hugging Face deal as part of broader conduct probe
Reuters, citing two unnamed people, reported that the Justice Department is asking whether Nvidia's planned acquisition of Hugging Face would give it control of a key distribution channel for AI models. The questions are part of a wider review of Nvidia's deals and sales practices. PYMNTS reports that CNBC later confirmed the inquiry through its own source. The DOJ and Nvidia declined to comment, and an inquiry does not mean enforcement will follow. Nvidia expects the deal to close in 1H 2027. Investing.com reported shares down 1.7% on Wednesday, though its own ticker showed 1.17%.