Check out the companies making headlines in midday trading. Nvidia — Nvidia surged 25% during midday trading the day after it issued a blockbuster earnings report.
The rally brought the chipmaker's market cap to just below the $1 trillion milestone, last around $942 million, according to FactSet.
Monolithic Power Systems — Artificial intelligence beneficiaries such as Monolithic Power Systems got a boost from Nvidia's strong results.
Monolithic Power Systems is an under-the-radar AI pick that's expected to provide power management solutions for Nvidia's H100 graphics processing units, according to Needham.
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