---
title: "Weekly Recap | OAIW.US +5.06%, Nvidia deal lifts sector"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298088494.md"
description: "OAIW.US rose 5.06% this week to close at $24.20, beating the S&P 500 by about 4.97 percentage points. The week shaped up as a recovery: it opened at $25.34 on Monday, slid to a low of $22.36 on Wednesday, then climbed over the final two sessions to end at $24.20, near the high of the week. The weekly range was 11.76%, with average daily volume of 8,741 shares nearly double the median."
datetime: "2026-09-05T04:05:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298088494.md)
  - [en](https://longbridge.com/en/news/298088494.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298088494.md)
generator: "portal-rs"
---

# Weekly Recap | OAIW.US +5.06%, Nvidia deal lifts sector

## The Week

OAIW.US rose 5.06% this week to close at $24.20, beating the S&P 500 by about 4.97 percentage points. The week shaped up as a recovery: it opened at $25.34 on Monday, slid to a low of $22.36 on Wednesday, then climbed over the final two sessions to end at $24.20, near the high of the week. The weekly range was 11.76%, with average daily volume of 8,741 shares nearly double the median.

## Sector News

AI-related news dominated the week. Nvidia agreed to buy Hugging Face for $12.93 billion, extending its AI platform beyond chips; OpenAI launched GPT-6 Astra and said it may mark the beginning of the AGI era; and AI cloud firm Nscale sought $3.5 billion in pre-IPO financing, with reports suggesting Nvidia could invest about $2 billion. Semiconductor and data-centre names firmed as Oracle rose ahead of earnings and Micron said it would double monthly HBM capacity.

## The Week Ahead

Macro data takes the spotlight next week, with initial jobless claims and PPI due around 10 September. After Fed governor Waller eased rate-hike concerns this week, markets are sensitive to the rate path. The 10-year Treasury auction will also land, and yields may continue to influence AI valuations. There are no individual earnings for the fund, but updates from Oracle and other AI supply-chain names are worth tracking.

## In Short

OAIW.US rebounded from mid-week lows as the broader AI complex firmed, outperforming the market by nearly 5 percentage points on elevated volume. A busy run of M&A and product launches underpinned the uptrend, while rate data and a mixed performance from mega-cap tech created external tension. The focus now turns to whether macro prints and AI-related capex or earnings can sustain the momentum.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**