Rich Habits 对 $NVDA 的判断变化

Nvidia confirmed Thursday morning it's acquiring HuggyFace, the New York-based platform that's become the default home for open-source AI development, and they're purchasing it for roughly $13 billion.

That's Nvidia's second largest acquisition ever, behind only the 20 billion purchase of chipmaker Gro's assets in December of 2025. And it dwarfs the seven billion dollar Melanax deal that first got Nvidia into networking back way back in 2019.

So the translation is this is Nvidia positioning itself as a champion of open models against two fronts at once. Closed proprietary labs like OpenAI and Anthropic and increasingly competitive openweight Chinese models that are cheaper to run and in some benchmarks closing that performance gap.

Nvidia's unbelievable quarterly earnings report Nvidia reported earnings early after the bell and the stock is up 10% as we're recording this episode. So fiscal Q2 revenue came in at 96.2 billion, up nearly 106% year-over-year, which blew past Wall Street's expectations of $92 billion.

Adjusted earnings per share was $2.22, beating Wall Street's estimates by 13 per share. Now, data center revenue, the whole ballgame at this point, hit $89 billion against expectations of $85 billion, increasing 117% year-over-year.