🟢 Semiconductor ETF (SOXX) is trading 2.3% up today on NVIDIA’s $12.9 billion Hugging Face acquisition

SOXX is trading at $513.64 (+2.28%), supported by NVIDIA’s $12.9 billion Hugging Face acquisition.

• The August employment report showed 162,000 payroll gains and 4.1% unemployment, easing recession concerns.
• The move is occurring alongside a firmer Nasdaq.
• Broadcom weakness after disappointing fourth-quarter guidance is limiting the sector’s advance.