Nvidia-Intel Deal; Darden Decline; Cracker Barrel Lowers
On this episode of Stock Movers:- Nvidia (NVDA) and Intel (INTC) are both higher this morning on news Nvidia agreed to invest $5 billion in Intel and the two will co-develop chips for PCs and data centers. Intel will use Nvidia’s graphics technology in upcoming PC chips and provide its processors for data center products built around Nvidia hardware.- Darden Restaurants (DRI) is lower this morning ahead of the bell after 1Q comparable sales for the company’s core restaurant brands showed greater-than-expected deceleration from the previous quarter. Profits also trailed Street…
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