Movers & Shakers: Nvidia stock jumps after blowout quarter, boosting AMD and Taiwan Semi shares


Here are some of the biggest 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 sales and record results, while shares of AI-rival Advanced Micro Devices Inc. AMD, +3.57% and third-party semiconductor foundry Taiwan Semiconductor Manufacturing Co. TSM, +2.15% both rose 3% following Nvidia’s results. ASML Holding ASML, +1.44%, the microchip equipment maker, saw its stock rise by 2%.

Splunk Inc.’s SPLK, +1.80% stock soared 13% after the software company reported strong quarterly revenue and issued sales guidance that breezed past analyst estimates.

Shares of Autodesk Inc. ADSK, +1.88% jumped 5% following a fiscal second-quarter report of better-than-expected revenue 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 sales in Europe and in Asia rose.

Snowflake Inc.‘s stock SNOW, +2.04% gained 4% after the data-software company kept intact its forecast for year.

Stock decliners:

Boeing stock BA, -0.65% fell 2% and Spirit AeroSystems SPR, -0.09% shares fell 4% after disclosing an issue with fastener holes on Boeing 737 Max aircraft.

U.S. Steel stock X, -2.19% fell 4% to $30.10, extending a decline from Wednesday after Esmark withdrew its offer for the company that is being pursued by Cleveland-Cliffs CLF, +0.93%.

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