Stocks making the biggest moves midday: Nvidia, Boeing, Live Nation Entertainment and more

Check out the companies making headlines in midday trading. Nvidia — The chipmaker and artificial intelligence beneficiary spiked 11% after Nvidia posted strong fiscal first-quarter results , issued better-than-expected guidance and announced a 10-for-1 stock split. Other AI and related semiconductor names rallied on the results. Super Micro Computer shares rose by 1.2%.

Taiwan Semiconductor Manufacturing — Taiwan Semiconductor gained 2% after the chipmaker said it anticipates annual revenue growth of 10% for the global semiconductor industry. Snowflake — Shares of the cloud-computing company dipped 3%, taking back earlier gains that were fueled by the company's better-than-expected first-quarter revenue and its higher annual product revenue outlook. Snowflake had posted $829 million in revenue, surpassing the consensus forecast of $786 million, per LSEG.

Source: News Formal (newsformal.com)

Super Micro Computer Inc Business Breaking News: Markets Stock Markets Economy Markets Market Insider Live Nation Entertainment Inc Cytokinetics Inc Triumph Group Inc Titan Machinery Inc VF Corp Goodrx Holdings Inc Snowflake Inc. Taiwan Semiconductor Manufacturing Co Ltd NVIDIA Corp Liveramp Holdings Inc Elf Beauty Inc Boeing Co Business News

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