Movano stock rocketed higher on Friday morning after Corvex announced a major GPU lease agreement. The company’s shares climbed 160.55% in pre-market trading.
Movano Inc., MOVE
Corvex, an AI cloud computing company, secured a long-term deal with an established AI-driven battery technology provider. The agreement involves leasing Nvidia H200 GPUs for AI development and research work.
Movano stock is moving because the company is merging with Corvex. The all-stock transaction was announced on November 10, 2025. Right now, MOVE shares represent the only public way to invest in Corvex.
The GPU deployment will support the battery company’s AI initiatives. The customer chose Corvex for its superior value and hyperscaler-class operations over other AI infrastructure providers.
Corvex designed the solution to maximize compute density while maintaining flexibility for peak demand. The company is providing a secure, managed on-premise setup with hardware-enforced encryption.
This addresses strict data sovereignty and compliance requirements. The battery technology provider needed infrastructure that could handle these security demands.
Jay Crystal, Co-CEO of Corvex, commented on the deal. He said the deployment shows how AI innovators are scaling production without compromising economics, market access, or operational velocity.
Trading volume tells the story of investor interest. Pre-market activity saw more than 14 million shares change hands.
For context, Movano’s three-month daily average sits around 27,000 shares. That’s roughly 500 times the normal volume.
Seth Demsey, the other Co-CEO of Corvex, weighed in on what the deal means. He noted growing demand from AI model builders for secure GPU infrastructure that’s easy to use and more cost-effective than existing options.
The surge comes after a rough stretch for MOVE. Shares had dropped 2.24% the previous day.
Year-to-date, the stock is down 16.13%. Over the past 12 months, shares have fallen 85.76%.
The merger deal positions Corvex to enter public markets through Movano. Corvex specializes in GPU-accelerated infrastructure for AI workloads.
The battery technology customer selected Corvex’s infrastructure over competing providers. The deal validates Corvex’s approach to AI computing solutions.
Corvex’s GPU clusters are built to handle demanding AI workloads. The infrastructure supports both development and production environments.
The security features include hardware-enforced encryption. This level of protection matters for companies with strict compliance needs.
Pre-market trading on Friday showed MOVE at sharply higher levels following the Corvex announcement about its GPU lease agreement with the AI battery technology provider.
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