5 Major Stock Market Movers Today: Nvidia (NVDA), Cisco (CSCO), Cerebras, AST SpaceMobile (ASTS), and Ondas (ONDS)

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Table of Contents

U.S. authorities approve Nvidia’s H200 chip exports to approximately 10 Chinese enterprises, though deliveries remain on hold
Cisco surpasses Q3 projections, elevates annual revenue guidance, and discloses $5.3 billion in AI-related orders for the current fiscal year
Cerebras executes IPO at $185 per share, securing $5.55 billion in what stands as 2026’s most substantial U.S. public offering
AST SpaceMobile shares climb following announcement of AT&T, T-Mobile, and Verizon satellite collaboration
Ondas Holdings delivers Q1 2026 revenue surge exceeding 1,000% compared to previous year

U.S. Approves Nvidia H200 Chip Exports to Chinese Companies

According to Reuters, American officials have authorized approximately 10 Chinese corporations to acquire Nvidia’s advanced H200 artificial intelligence processors.

Reports indicate the approved entities include major tech giants Alibaba, Tencent, ByteDance, and JD.com.

Despite the clearance, actual deliveries haven’t commenced. Export control regulations, U.S.-imposed conditions, and Chinese concerns about dependence on American chip technology continue to create obstacles.

Historically, China represented a crucial revenue source for Nvidia’s AI semiconductor business. Any indication of renewed market access typically generates swift changes in investor outlook.

Nvidia’s CEO Jensen Huang is allegedly advocating for advancement on this matter throughout current U.S.-China commerce negotiations. The central uncertainty remains whether Nvidia can regain substantial Chinese market presence without provoking additional regulatory barriers.

Cisco Surpasses Quarterly Expectations, Upgrades Annual Projections

Cisco disclosed third-quarter revenues totaling $15.84 billion, exceeding Wall Street projections.

The networking giant elevated its annual revenue projection to a range between $62.8 billion and $63 billion, representing an increase from the previous estimate of $61.2 billion to $61.7 billion.

Management revealed the company has secured $5.3 billion worth of AI infrastructure contracts during the current fiscal period and anticipates reaching $9 billion before year-end.

Networking equipment orders jumped over 50% year-over-year. Data center switching orders experienced growth exceeding 40%.

Cisco simultaneously revealed workforce reduction plans affecting nearly 4,000 positions as the company reallocates investment toward AI capabilities, silicon development, optical technologies, and cybersecurity solutions. Market participants concentrated on the robust order momentum rather than the layoffs, driving shares upward.

Cerebras Executes $185 IPO, Secures $5.55 Billion

Cerebras Systems established its U.S. initial public offering price at $185 per share, generating $5.55 billion through the sale of 30 million shares.

This positions it as 2026’s largest American IPO to date. The transaction assigned Cerebras an approximate valuation of $56.43 billion on a fully diluted basis.

Investor appetite allegedly surpassed available equity by over 20-fold. Cerebras manufactures specialized processors designed for AI model implementation and is considered by certain analysts as a prospective competitor to Nvidia.

AST SpaceMobile Advances on Major Carrier Satellite Partnership

AST SpaceMobile experienced gains after expressing support for a proposed satellite collaboration among AT&T, T-Mobile, and Verizon.

The three telecommunications leaders are constructing satellite-enabled direct-to-device infrastructure designed to expand mobile network coverage and eliminate connectivity gaps throughout the United States.

This development aligns precisely with AST SpaceMobile’s satellite-to-cellular device business strategy. Market observers are monitoring deployment schedules, carrier partnership developments, and revenue projections.

Ondas Holdings Delivers Explosive Revenue Expansion

Ondas Holdings announced Q1 2026 revenues reaching $50.1 million, representing growth surpassing 1,000% year-over-year.

The exceptional performance stemmed from strategic acquisitions, international market expansion, and robust demand throughout its autonomous systems and private wireless technology segments.

Management disclosed an order backlog totaling $457 million and increased its 2026 revenue forecast to a minimum of $390 million. Ondas maintains operations spanning unmanned aerial systems, defense applications, autonomous platforms, and industrial wireless infrastructure.