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

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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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