Nvidia GPU Deal Sends This Stock Soaring Over 114% After-Hours: Here's What Happened

Benzinga

01/23

Movano Inc. (NASDAQ:MOVE) jumped 114.92% in after-hours trading to $14.98 on Wednesday after Virginia-based Corvex, the AI cloud company merging with Movano, announced a long-term GPU lease agreement....

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(NASDAQ:MOVE) jumped 114.92% in after-hours trading to $14.98 on Wednesday after Virginia-based Corvex, the AI cloud company merging with Movano, announced a long-term GPU lease agreement....</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/26/01/50089154/nvidia-gpu-deal-sends-this-stock-soaring-over-114-after-hours-heres-what-happened\">网页链接</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia GPU Deal Sends This Stock Soaring Over 114% After-Hours: Here's What Happened</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia GPU Deal Sends This Stock Soaring Over 114% After-Hours: Here's What Happened\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2026-01-23 14:10</span>\n</p>\n</h4>\n</header>\n<article>\n<div>\n<p>Movano Inc. (NASDAQ:MOVE) jumped 114.92% in after-hours trading to $14.98 on Wednesday after Virginia-based Corvex, the AI cloud company merging with Movano, announced a long-term GPU lease agreement....</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/26/01/50089154/nvidia-gpu-deal-sends-this-stock-soaring-over-114-after-hours-heres-what-happened\">网页链接</a>\n\n</div>\n\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.benzinga.com/markets/equities/26/01/50089154/nvidia-gpu-deal-sends-this-stock-soaring-over-114-after-hours-heres-what-happened\">Benzinga</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1989764748.USD","symbol_name":"東方匯理環球顛覆性機遇A2 Acc","start_time":0,"source_url":"https://www.benzinga.com/markets/equities/26/01/50089154/nvidia-gpu-deal-sends-this-stock-soaring-over-114-after-hours-heres-what-happened","article_id":"2605429312","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/01/23/Nvidia-Investment-Growth-And-Profit-Trad.jpeg?optimize=medium&dpr=2&auto=webp&width=260"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/markets/equities/26/01/50089154/nvidia-gpu-deal-sends-this-stock-soaring-over-114-after-hours-heres-what-happened","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2605429312","pubTimestamp":1769148600,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Movano Inc. surged 114.92% after hours following Corvex's announcement of a long-term GPU lease agreement to power AI development.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","LU2168563687.JPY":"AZ ALLOCATION - 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(NASDAQ:MOVE) jumped 114.92% in after-hours trading to $14.98 on Wednesday after Virginia-based Corvex, the AI cloud company merging with Movano, announced a long-term GPU lease agreement.\nCorvex plans to use a dedicated cluster of Nvidia Corporation’s (NASDAQ:NVDA) H200 GPUs to support an AI-powered battery technology company's core development and proprietary algorithms.\nAccording to Movano, the customer selected Corvex for its strong value, secure AI capabilities and large-scale operational capacity compared with other providers.\nMovano stated that Corvex is providing secure, on-premise GPU clusters with hardware-enforced encryption and remote attestation, enabling customers to expand into security-conscious enterprise markets.\nJay Crystal, co-chief executive officer of Corvex, said the deployment \"reflects how leading AI innovators are scaling production AI without compromising economics, market access, or operational velocity.\"\nMovano has a market capitalization of $5.82 million, with its stock trading in a 52-week range of $4.67 to $57.50.\nThe stock of the California-based health technology company has a Relative Strength Index (RSI) of 41.32.\nLooking at the longer-term picture, Movano stock has faced a significant decline of 85.83% over the past 12 months. This steep drop highlights the volatility and challenges the stock has encountered, making it crucial for traders to approach with caution.\nPrice Action: According to Benzinga Pro data, MOVE closed Thursday at $6.97, down 2.24%.\nCurrently, the stock is positioned at 4.35% of its 52-week range, indicating it’s closer to the lower end of that spectrum.\nBenzinga’s Edge Stock Rankings indicate MOVE stock has a negative price trend across all time frames.\nPhoto Courtesy: Below the Sky on Shutterstock.com\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}