CHIP.SW is trading at $128.32, up 3.65%, primarily reflecting renewed enthusiasm for AI infrastructure following NVIDIA’s announced $12.93 billion acquisition of Hugging Face.

  • Broadcom reported a 221% increase in AI-chip revenue to $16.7 billion and provided stronger AI guidance, adding sector-level support.
  • Friday’s strong semiconductor performance outweighed higher yields and mixed broader-market sentiment.