NVIDIA Rises 4% on Reported $12.9B Hugging Face Deal, Dell Jumps 8% After Guidance Beat

NVIDIA jumped 4% on a reported $12.9B Hugging Face deal while Dell surged 8% after raising full-year revenue guidance by $25 billion.

SOXX gained just 0.2%, confirming today's buying is concentrated in two names rather than a broader sector-wide AI hardware bid.

Dell's 241% year-to-date gain dwarfs NVIDIA's 17%, reframing the server maker as the deployment-layer beneficiary capturing more AI buildout upside.

Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.

Two AI infrastructure names are surging on separate company-specific catalysts, and the broader chip fund is barely moving alongside them. The split says today's buying is concentrated in two names, not a sector-wide bid on the semiconductor complex.

NVIDIA ( NASDAQ:NVDA ) stock is up 4% to $225.96 midday after Bloomberg reported that the chipmaker is in advanced talks to acquire AI platform Hugging Face for $12.9 billion, with roughly another $1 billion potentially going toward employee retention. Bloomberg said an agreement could come as soon as this week, but no final deal has been reached.

Meanwhile, Dell Technologies ( NYSE:DELL ) stock is up 8% to $457.15 after the server maker raised its full-year revenue outlook by roughly $25 billion and posted its largest quarter on record. The iShares Semiconductor ETF ( NASDAQ:SOXX ) is up 0.2% to $501.28, so a sector-wide AI bid isn't showing up in the fund.

Dell Guidance Beat Fuels a Record Quarter

Dell reported fiscal second-quarter revenue of $46.97 billion, up 57.8% year over year, and adjusted EPS of $7.04. Dell founder Michael Dell said in a post on X that earnings per share rose 273% year over year, and management flagged broadening demand across compute, storage, and networking.

Did Any of Your Stocks Make the Top 10 List?

It is an uncomfortable question, and there is now an answer to it.

24/7 Wall St has helped investors make money for over two decades, and our top analysts just finished ranking the definitive Top 10 Stocks To Buy Now. Not the ten biggest companies. Not the ten everyone is arguing about. The ten best stocks to buy right now.

Open your account and look at what you own. Some of it you bought for a reason you could still defend today. Some of it you bought years ago for a reason you can no longer remember.

The report is free. Put the ten next to what you own and find out which is which.