US PRE-MARKET MOVERS: NVDA, AMD, INTC, TSM, MCHP, UAA, VST, OS, MBLY, LEN
SourceNewsquawk
SectionUS Equities
ES flat NQ +0.1% RTY -0.2%
- NVDA +0.5%: CEO Huang said next gen of chips is in full production & there is strong demand from China for H200 chips
- AMD +0.6%: Showcased MI455 & MI440X AI chips at CES & previewed MI500 processors, which are set to launch in 2027
- INTC +1%: Launches next-gen PC chip at CES in Las Vegas
- TSM +2.3%: Reportedly planning to build 12 wafer fabs in Arizona
- MCHP +4%: Lifts Q3 rev. view
- UAA +2.8%: Fairfax Financial disclosed a larger stake & now holds ~42mln shares or 22% of Co.
- VST +4.6%: Agreed to buy Cogentrix Energy’s 10 gas-fired power plants from Quantum Capital Group for c. $4.7bln
- OS +21.5%: Buyout firm Hg Capital is nearing a deal to take Co. private
- MBLY +4.5%: Upgraded at JPM
- LEN -1.2%: Downgraded at UBS