Today's Pre-Market Movers and Top Ratings | NVDA, BIRK, TGT and More

$NVIDIA (NVDA.US)$ stock rose 2.6% in premarket trading, The GB200 rack-mounted solution requires further optimization and adjustment in its supply chain, according to recent research by TrendForce. The complex design specifications of the GB200 rack, including high-speed interconnect interfaces and thermal design power (TDP) requirements that exceed market norms, are the primary reasons for this need. As a result, TrendForce predicts that mass production and peak shipments will likely take place between Q2 and Q3 of 2025.

$ChargePoint (CHPT.US)$ shares rose 9% on a collaboration with $General Motors (GM.US)$ to install hundreds of ultra-fast electric vehicle charging ports across the U.S. by way of an incentive program with third-party operators.

$Birkenstock (BIRK.US)$ shares rose 7.9% premarket after the footwear company's revenue and earnings for the fourth quarter topped expectations.

$Target (TGT.US)$ and $Best Buy (BBY.US)$ rose around 1% after the retailers were added to the tactical outperform list at Evercore ISI.

$General Mills (GIS.US)$ slashed its annual profit forecast on Wednesday as the Cheerios maker ramped up investments in promotions to attract cost-conscious consumers, sending shares down about 4% in premarket trading.