Nvidia inventory jumps after blowout quarter, boosting AMD and Taiwan Semi shares

Here are a few of the greatest movers of the day:

Stock gainers:

Nvidia Corp.‘s shares
NVDA,
+3.17%
jumped 8% after the graphics-chip maker late Wednesday reported a 141% surge in data-center gross sales and document outcomes, whereas shares of AI-rival Advanced Micro Devices Inc.
AMD,
+3.57%
and third-party semiconductor foundry Taiwan Semiconductor Manufacturing Co.
TSM,
+2.15%
each rose 3% following Nvidia’s outcomes. ASML Holding
ASML,
+1.44%,
the microchip gear maker, noticed its inventory rise by 2%.

Splunk Inc.’s
SPLK,
+1.80%
inventory soared 13% after the software program firm reported robust quarterly income and issued gross sales steering that breezed previous analyst estimates.

Shares of Autodesk Inc.
ADSK,
+1.88%
jumped 5% following a fiscal second-quarter report of better-than-expected income and earnings.

Shares of Guess Inc.
GES,
+0.72%
rallied 19% after the retailer topped Wall Street expectations for its fiscal second quarter, saying that gross sales in Europe and in Asia rose.

Snowflake Inc.‘s inventory
SNOW,
+2.04%
gained 4% after the data-software firm saved intact its forecast for 12 months.

Stock decliners:

Boeing inventory
BA,
-0.65%
fell 2% and Spirit AeroSystems
SPR,
-0.09%
shares fell 4% after disclosing a difficulty with fastener holes on Boeing 737 Max plane.

U.S. Steel inventory
X,
-2.19%
fell 4% to $30.10, extending a decline from Wednesday after Esmark withdrew its supply for the corporate that’s being pursued by Cleveland-Cliffs
CLF,
+0.93%.

Source web site: www.marketwatch.com

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