🟢 ARTY is trading 1.7% up today as US takes equity stakes in chipmakers via CHIPS Act

ARTY is trading about 1.7% up today at $67.81, extending last week’s sharp rebound in AI and semiconductor names following news of direct government investment in the sector.

• The U.S. Commerce Department will take minority equity stakes in seven chipmakers as part of an $874 million CHIPS Act funding package.
• The move is supporting sentiment toward AI and chip-related ETFs while broader indices also trade higher.