Vistra Deepens AI Bet; Aeva Soars on Nvidia Deal; Microchip Climbs on Sales Beat
On this episode of Stock Movers:
- Vistra (VST) agreed to pay roughly $4 billion for 10 natural gas-fired power plants in the US Northeast and Texas to expand the electricity supplier’s generation capacity in fast-growing energy markets.
- Aeva (AEVA) shares soar after the company announced that its 4D LiDAR technology has been selected for the NVIDIA DRIVE Hyperion autonomous vehicle reference platform
- Microchip (MCHP) shares are up after the analog chipmaker’s net sales forecast for the third quarter beat the average analyst estimate. Analysts note that the strong sales numbers highlight broad-based recovery.
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