The Dow Jones industrial average closed unchanged, while the broad S&P 500 index rose 0.8 percent and the tech-heavy Nasdaq composite index rose 1.7 percent.
On Friday, statistics showed that an unexpectedly large number of new jobs were created outside the agricultural sector in the US in April.
Intel surged 13.9 percent after reports that Apple will buy chips from Intel.
Intel's industry peer Micron also gained significantly, up 15.5 percent. AMD and Broadcom rose 11.4 and 4.2 percent, respectively - driven by AI-related news.
During the week as a whole, the Dow rose 0.2 percent, the S&P 500 rose 2.3 percent and the Nasdaq rose 4.5 percent.
This means the S&P 500 has risen for six weeks in a row.
