Today's Morning Movers and Top Ratings: NVDA, MU, SNOW, MDT and More

$NVIDIA (NVDA.US)$ stock soared over 7% after the company's first-quarter earnings exceeded expectations, boosted by a strong AI industry demand. Nvidia's success also positively influenced its peers, with $Advanced Micro Devices (AMD.US)$ and $Broadcom (AVGO.US)$ each gaining over 2%, while $Micron Technology (MU.US)$ rose 3.8%, and chip designer $Arm Holdings (ARM.US)$ nearly 4%.

$News Corp-B (NWS.US)$ shares increased by 2% following a content sharing agreement with OpenAI.

$Snowflake (SNOW.US)$ 's stock jumped 3.9% on the back of second-quarter product revenue projections that surpassed estimates, leading to raised annual expectations.

$DuPont (DD.US)$ 's stock advanced 5.4% after the company announced its plan to split into three public companies.

$Taiwan Semiconductor (TSM.US)$ 's shares went up 2.7% after predicting a solid annual revenue growth for the global semiconductor industry.

$Medtronic (MDT.US)$ saw a 1% rise in its stock after quarterly profits beat the forecasts, helped by a surge in surgical volumes at hospitals that spurred demand for its medical devices.

$Live Nation Entertainment (LYV.US)$ experienced a 6.8% drop in stock value following news of a potential lawsuit from the Department of Justice over possible monopolistic practices by its Ticketmaster unit, coupled with legislative pressure to separate the two entities.