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Corvex Among the First Companies to Achieve Verified Production Deployment of Confidential Computing for AI on NVIDIA HGX™ B200 Systems

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags
AI

Corvex (NYSE:MOVE) announced completion and verification of a production deployment of confidential computing on NVIDIA HGX B200 systems on March 3, 2026. The deployment validates encrypted GPU-to-GPU communication across NVIDIA NVSwitch and NVLink using Intel Trust Domain Extensions and NVIDIA Confidential Computing, with CPU and GPU remote attestation via Intel Trust Authority.

This establishes confidential computing as an operational, production-ready infrastructure primitive for AI workloads, claiming near-native performance while protecting data and models in use to support regulated, multi-tenant, and sovereign AI deployments.

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Positive

  • Production deployment verified of confidential computing on NVIDIA HGX B200 systems
  • Encrypted GPU-to-GPU communication validated across NVIDIA NVSwitch and NVLink fabrics
  • Near-native performance reported while enabling CPU and GPU remote attestation

Negative

  • Implementation depends on Intel Trust Authority and NVIDIA Confidential Computing stacks

Market Reality Check

Price: $12.95 Vol: Volume 38,389 is about 65...
low vol
$12.95 Last Close
Volume Volume 38,389 is about 65% below the 20-day average 108,799, suggesting the 13.6% move came on relatively light trading. low
Technical Price 12.95 is trading above the 200-day MA 8.24, indicating strength versus its longer-term trend.

Peers on Argus

MOVE gained 13.6% while peers were mixed: AMIX -2.68%, HSCS -4.32%, HSDT +13.37%...

MOVE gained 13.6% while peers were mixed: AMIX -2.68%, HSCS -4.32%, HSDT +13.37%, TIVC +1.25%, XYLO flat. This points to a stock‑specific reaction to the AI security deployment news rather than a broad medical device sector move.

Previous AI Reports

2 past events · Latest: Jan 22 (Positive)
Same Type Pattern 2 events
Date Event Sentiment Move Catalyst
Jan 22 AI infrastructure deal Positive +140.2% Long-term NVIDIA H200 GPU lease and secure AI infrastructure deployment.
Jun 13 AI algorithm update Positive +2.0% Deep learning applied to improve wearable heart rate accuracy in motion.
Pattern Detected

AI‑tagged announcements have generally triggered positive price reactions, with prior AI news often seeing strong upside moves.

Recent Company History

Recent history shows MOVE repositioning around AI infrastructure. On Jan 22, 2026, an AI‑tagged NVIDIA H200 GPU lease and secure on‑prem deployment news saw a 140.17% move, highlighting investor focus on sizable AI infrastructure wins. A Jun 13, 2024 AI update on deep‑learning for heart‑rate accuracy moved shares 1.98%. Today’s AI security deployment on NVIDIA HGX B200 systems fits this trajectory toward secure, production‑grade AI workloads.

Historical Comparison

+71.1% avg move · Past AI-tagged releases for MOVE averaged a 71.07% move. Today’s 13.6% reaction to the NVIDIA HGX B2...
AI
+71.1%
Average Historical Move AI

Past AI-tagged releases for MOVE averaged a 71.07% move. Today’s 13.6% reaction to the NVIDIA HGX B200 confidential computing deployment is positive but more moderate than prior AI news spikes.

AI news has progressed from algorithmic accuracy in wearables to large GPU deployments and now verified confidential computing for production AI workloads.

Market Pulse Summary

This announcement highlights Corvex’s verified production deployment of confidential computing on NV...
Analysis

This announcement highlights Corvex’s verified production deployment of confidential computing on NVIDIA HGX B200 systems, emphasizing encrypted GPU fabrics and remote attestation for "data in use" protection. It builds on prior AI milestones involving high-performance GPU leases and secure infrastructure. Investors may focus on how often such deployments translate into recurring, large-scale customer contracts and how these capabilities interact with existing regulatory filings that describe dilution, merger execution, and listing compliance risks.

Key Terms

confidential computing, nvidia nvswitch, nvidia nvlink, remote attestation
4 terms
confidential computing technical
"completed and verified the production deployment of confidential computing on NVIDIA HGX B200"
Confidential computing is a technology that keeps data secure while it is being processed or analyzed, even from the systems that run the calculations. Think of it like a locked box where sensitive information is kept safe inside, no matter what happens during the work. This helps protect private data from unauthorized access, making it especially important for businesses and investors concerned about data privacy and security.
nvidia nvswitch technical
"Encrypted NVIDIA NVSwitch and NVIDIA NVLink fabric protect data in use at runtime"
NVSwitch is a high-speed hardware switch designed to link many graphics processors together so they can share data almost as quickly as if they were one giant processor. For investors, it matters because this kind of fabric enables much larger and faster artificial-intelligence and data-center systems, like turning multiple small engines into a single turbine; demand for such technology can drive sales, influence server design choices, and affect a company’s competitive position in the cloud and AI markets.
remote attestation technical
"inclusive of CPU and GPU remote attestation using Intelae Trust Authority (ITA)"
A security process where a computer, device, or cloud service proves to a remote party that its software and hardware are genuine and untampered with before being trusted to handle data or transactions. Like showing an ID and a recent health check to gain access, remote attestation helps investors assess a company’s operational and cyber risk by reducing chances of data breaches, regulatory fines, service outages, and damage to reputation or value.

AI-generated analysis. Not financial advice.

Encrypted NVIDIA NVSwitch and NVIDIA NVLink fabric protect data in use at runtime, with CPU and GPU remote attestation

Near native performance enables secure AI without compromising production scale

ARLINGTON, Va., March 3, 2026 /PRNewswire/ -- Corvex, Inc., an AI cloud computing company specializing in GPU-accelerated infrastructure for AI workloads, today announced it has completed and verified the production deployment of confidential computing on NVIDIA HGX B200 systems.

The deployment validates encrypted GPU-to-GPU communication across NVIDIA NVSwitch and NVIDIA NVLink fabrics utilizing Intel Trust Domain Extensions and NVIDIA Confidential Computing to provide end-to-end AI security inclusive of CPU and GPU remote attestation using Intel® Trust Authority (ITA). Together, these capabilities establish confidential computing as an operational, production-ready infrastructure primitive for AI workloads on the NVIDIA HGX B200 system.

As AI systems move from experimentation to mission-critical production infrastructure, customers increasingly require runtime assurances for workloads where sensitive data and models must be decrypted in memory to execute. Confidential computing addresses "data in use" risk by combining hardware enforced isolation with cryptographic attestation that provides verifiable evidence of platform integrity while workloads are running.

Remote attestation delivers cryptographic proof that the underlying hardware, firmware, drivers, and system configuration remain in a known and uncompromised state at runtime. This verification is foundational for highly regulated industries and protecting valuable IP in AI workloads like model weights, enabling continuous compliance, defensible auditability, and deployment models where trust must be proven rather than assumed.

"In production AI, security is only trustworthy if it can be independently verified," said Seth Demsey, co-CEO at Corvex. "Confidential computing makes trust at runtime measurable, using hardware-enforced isolation and cryptographic attestation across CPUs, GPUs, and interconnects, so customers can prove that sensitive models and data are protected while in use. With the NVIDIA HGX B200 system, that verification comes with near-native performance, removing the historical trade-off between security and speed."

With confidential computing verified in production, Corvex enables secure deployment of enterprise, regulated, and sovereign AI workloads by protecting proprietary models and sensitive data while they are actively in use. This capability supports secure multi-tenant AI and environments where verifiable security, compliance, and operational trust are required at runtime.

About Corvex

Corvex is an AI cloud computing company specializing in GPU-accelerated infrastructure for AI workloads. Corvex's platform allows organizations to leverage the advantage of AI by providing secure, scalable, and cost-efficient computational resources. Corvex's infrastructure leverages advanced GPU-accelerated compute clusters, high-throughput storage systems and layered architecture to provide enhanced security, consistent performance, and efficiency at scale. As previously announced on November 10, 2025, Corvex announced a definitive agreement (the "Merger Agreement") with Movano Inc. (Nasdaq: MOVE) ("Movano") to combine the companies in an all-stock transaction (the "Merger").

Cautionary Statements Regarding Forward-Looking Statements

This press release contains forward-looking statements. All statements contained in this press release other than statements of historical facts, including statements regarding our future results of operations and financial position, projected growth, product capabilities and customer deployment, business strategy and plans and our objectives for future operations, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "would," and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. These forward-looking statements are subject to a number of risks, uncertainties and assumptions that may cause actual results to differ materially from those contained in any forward-looking statements we may make. Nothing in this press release should be regarded as a representation by any person that these results will be achieved, and we undertake no duty to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Media Contact
Chris Donahoe, Stillpoint
corvex.media@stillpointglobaladvisors.com

No Offer or Solicitation

This press release and the information contained herein is not intended to and does not constitute a solicitation of a proxy, consent or approval with respect to any securities or in respect of the proposed transactions, including the Merger, between Movano and Corvex (the "Proposed Transactions") or an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities pursuant to the Proposed Transactions or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, and otherwise in accordance with applicable law, or an exemption therefrom. Subject to certain exceptions to be approved by the relevant regulators or certain facts to be ascertained, the public offer will not be made directly or indirectly, in or into any jurisdiction where to do so would constitute a violation of the laws of such jurisdiction, or by use of the mails or by any means or instrumentality (including without limitation, facsimile transmission, telephone and the internet) of interstate or foreign commerce, or any facility of a national securities exchange, of any such jurisdiction.

Additional Information and Where to Find It

This press release relates to the Proposed Transactions involving Movano and Corvex and may be deemed to be solicitation material in respect of the Proposed Transactions. In connection with the Proposed Transactions, Movano and Corvex have filed relevant materials with the SEC, including a registration statement on Form S-4 (File No. 333-292321) (the "Form S-4") that contains a proxy statement (the "Proxy Statement") and prospectus. This press release is not a substitute for the Form S-4, the Proxy Statement or for any other document that Movano has filed or may file with the SEC and/or send to Movano's stockholders in connection with the Proposed Transactions. MOVANO URGES, BEFORE MAKING ANY VOTING DECISION, INVESTORS AND STOCKHOLDERS TO READ THE FORM S-4, THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT MOVANO, CORVEX, THE PROPOSED TRANSACTIONS AND RELATED MATTERS.

Investors and stockholders will be able to obtain free copies of the Form S-4, the Proxy Statement and other documents filed by Movano with the SEC (when they become available) through the website maintained by the SEC at www.sec.gov. Movano's Internet website address is www.movanohealth.com. Movano's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, including exhibits, and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act are available free of charge through the investor relations page of its Internet website as soon as reasonably practicable after it electronically files such material with, or furnish it to, the SEC. Movano's Internet website and the information contained therein or connected thereto are not intended to be incorporated into this report.

Participants in the Solicitation

Movano, Corvex, and their respective directors and certain of their executive officers and other members of management may be deemed to be participants in the solicitation of proxies from Movano's stockholders in connection with the Proposed Transactions under the rules of the SEC. Information about Movano's directors and executive officers, including a description of their interests in Movano, is included in Movano's most recent Annual Report on Form 10-K for the year ended December 31, 2024. Additional information regarding the persons who may be deemed participants in the proxy solicitations, including the directors and executive officers of Corvex, and a description of their direct and indirect interests, by security holdings or otherwise, are also included in the Form S-4, the Proxy Statement and other relevant materials to be filed with the SEC when they become available. These documents can be obtained free of charge from the sources indicated above.

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SOURCE Corvex

FAQ

What did Corvex (MOVE) announce about confidential computing on March 3, 2026?

Corvex announced a verified production deployment of confidential computing on NVIDIA HGX B200 systems. According to the company, this validates encrypted NVSwitch/NVLink GPU communication and CPU/GPU remote attestation using Intel Trust Authority.

How does Corvex (MOVE) protect AI models and data in use on HGX B200 systems?

Corvex protects data in use with hardware-enforced isolation and cryptographic attestation. According to the company, Intel Trust Domain Extensions and NVIDIA Confidential Computing secure CPU, GPU, and interconnects at runtime.

What performance impact did Corvex (MOVE) report for confidential computing on HGX B200?

Corvex reported near-native performance for confidential computing on NVIDIA HGX B200 systems. According to the company, this removes the traditional trade-off between runtime security and production-scale AI performance.

Which technologies does Corvex (MOVE) use for remote attestation and interconnect encryption?

Corvex uses Intel Trust Domain Extensions, Intel Trust Authority, and NVIDIA Confidential Computing. According to the company, these enable encrypted NVSwitch/NVLink communication and verifiable CPU and GPU attestation at runtime.

What kinds of AI workloads does Corvex (MOVE) say this deployment supports?

The deployment supports enterprise, regulated, multi-tenant, and sovereign AI workloads that require verifiable runtime security. According to the company, it enables defensible auditability and compliance while models are actively in use.
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