🟢 SMHX is trading 1.72% up today after Nvidia agreed to acquire Hugging Face

SMHX is trading 1.72% up now at $55.86 after Nvidia agreed to acquire Hugging Face for $12.93 billion, strengthening AI and semiconductor sentiment.

• Nvidia is SMHX’s largest holding at approximately 21.30%, making the deal particularly relevant to ETF performance.
• Reuters reported the acquisition expands Nvidia’s influence in open-source AI models.
• Broader markets remain cautious ahead of U.S. employment data, leaving sector-specific enthusiasm as the primary catalyst.