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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)
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AI

Corvex (NASDAQ: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 communications across NVIDIA NVSwitch and NVLink and includes CPU and GPU remote attestation via Intel Trust Authority.

This establishes confidential computing as a production-ready infrastructure primitive for AI workloads, delivering near-native performance while providing runtime cryptographic proof of platform integrity to support regulated, multi-tenant, and sovereign AI deployments.

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Positive

  • Verified production deployment of confidential computing on NVIDIA HGX B200
  • Encrypted GPU-to-GPU communication across NVSwitch and NVLink
  • CPU and GPU remote attestation using Intel Trust Authority
  • Near-native performance enabling secure AI without performance trade-offs
  • Supports secure multi-tenant and regulated AI workloads with runtime verifiability

Negative

  • None.

Market Reality Check

Price: $12.95 Vol: Volume 38,389 vs 20-day a...
low vol
$12.95 Last Close
Volume Volume 38,389 vs 20-day avg 108,799 (relative volume 0.35x) shows an upward move on light activity. low
Technical Price 12.95 is trading above 200-day MA at 8.24, reflecting strength vs longer-term trend pre-news.

Peers on Argus

MOVE gained 13.6% while sector peers were mixed and only one momentum peer (BMRA...
1 Up

MOVE gained 13.6% while sector peers were mixed and only one momentum peer (BMRA) showed a modest ~2% rise, pointing to stock-specific AI/security interest.

Previous AI Reports

2 past events · Latest: Jan 22 (Positive)
Same Type Pattern 2 events
Date Event Sentiment Move Catalyst
Jan 22 AI infra deployment Positive +140.2% Long-term NVIDIA H200 GPU lease for secure, production AI workloads.
Jun 13 AI accuracy update Positive +2.0% Deep-learning driven improvement in wearable heart-rate accuracy in motion.
Pattern Detected

AI-tagged announcements have consistently produced positive reactions, with both prior AI events followed by gains.

Recent Company History

Over recent quarters, MOVE’s story has shifted firmly toward AI. On Jan 22, 2026, Corvex secured a long-term NVIDIA H200 GPU deployment for a high-performance battery customer, emphasizing secure, managed AI infrastructure and driving a 140.17% move. An earlier AI update on Jun 13, 2024 highlighted deep-learning improvements in heart-rate accuracy, with a 1.98% gain. Today’s HGX B200 confidential computing deployment extends this AI and security-focused trajectory.

Historical Comparison

+71.1% avg move · In the past AI-tagged releases, MOVE’s average move was 71.07%, driven by GPU deployments and AI acc...
AI
+71.1%
Average Historical Move AI

In the past AI-tagged releases, MOVE’s average move was 71.07%, driven by GPU deployments and AI accuracy gains. Today’s AI security-focused HGX B200 news fits the pattern of AI infrastructure milestones.

AI updates progressed from algorithm accuracy improvements to large-scale secure NVIDIA H200 deployments, and now to confidential computing on NVIDIA HGX B200 with hardware-based attestation.

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, combining encrypted NVSwitch/NVLink fabrics, hardware-enforced isolation, and remote attestation for AI workloads. Prior AI-tagged news, including a major NVIDIA H200 deployment and earlier deep-learning advances, also drew investor attention. Against this backdrop, investors may focus on execution of secure AI infrastructure, regulatory filings around the Corvex–Movano merger, and potential dilution flagged in recent S-1/A documents.

Key Terms

confidential computing, remote attestation, hardware enforced isolation, cryptographic attestation, +4 more
8 terms
confidential computing technical
"announced it has completed and verified the production deployment of confidential computing"
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.
remote attestation technical
"inclusive of CPU and GPU remote attestation using Intelae Trust Authority"
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.
hardware enforced isolation technical
"Confidential computing addresses "data in use" risk by combining hardware enforced isolation"
A security design that uses physical chips or dedicated hardware features to keep sensitive code and data separate from the rest of a computer, like putting valuables in a locked safe inside a house. For investors, it matters because hardware-enforced isolation reduces the risk of hacks and data leaks, supports regulatory compliance, and can make a product more trustworthy and valuable in markets where security is a selling point.
cryptographic attestation technical
"combining hardware enforced isolation with cryptographic attestation that provides verifiable evidence"
Cryptographic attestation is a digital method that uses math-based proofs and signatures to confirm that a piece of data, device, or software came from a trusted source and has not been altered — like a tamper-evident seal or notary for bits. For investors it matters because it reduces risk of fraud, strengthens confidence in reported records and device behavior, and supports regulatory compliance and secure operations, all of which can affect a company’s value and liability.
data in use technical
"Confidential computing addresses "data in use" risk by combining hardware enforced isolation"
Data in use is information that a company is actively processing in its systems — the files, records or calculations currently opened in memory or being worked on, like papers spread out on a desk during a project. It matters to investors because this active data is most exposed to mistakes, hacks or regulatory problems; weak protection can lead to breaches, fines or business disruption, which can hurt a company’s value and reputation.
gpu technical
"GPU-accelerated infrastructure for AI workloads, today announced it has completed"
A GPU (graphics processing unit) is a specialized computer chip designed to handle many calculations at once, originally for rendering images and video but now widely used for tasks like artificial intelligence, data analysis and high-performance computing. Investors watch GPU demand and prices because strong sales often signal growth for chip makers and their customers, affect profit margins and capital spending, and can forecast wider trends in gaming, AI adoption and cloud services.
intel trust domain extensions technical
"fabrics utilizing Intel Trust Domain Extensions and NVIDIA Confidential Computing"
A hardware-based technology that creates isolated, encrypted 'trust domains' for virtual machines on a server so sensitive code and data run apart from the host operating system and hypervisor. For investors, it matters because stronger, chip-level isolation can reduce the risk of data breaches, enable new secure cloud and enterprise services, and shift buying patterns for processors, servers and security software — like having a locked safe inside a shared office building that keeps valuables protected even if the building’s staff are compromised.

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.

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.

Cision View original content:https://www.prnewswire.com/news-releases/corvex-among-the-first-companies-to-achieve-verified-production-deployment-of-confidential-computing-for-ai-on-nvidia-hgx-b200-systems-302702992.html

SOURCE Movano

FAQ

What did Corvex (MOVE) announce on March 3, 2026 about NVIDIA HGX B200?

Corvex announced completion and verification of a production deployment of confidential computing on NVIDIA HGX B200 systems. According to Corvex, this deployment includes encrypted GPU-to-GPU communication and CPU/GPU remote attestation via Intel Trust Authority for runtime security.

How does Corvex ensure data-in-use protection on NVIDIA HGX B200 (MOVE)?

Corvex uses hardware-enforced isolation plus cryptographic attestation to protect data-in-use. According to Corvex, encrypted NVSwitch/NVLink fabrics and Intel Trust Domain Extensions provide verifiable runtime integrity for CPUs and GPUs.

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

Corvex reports near-native performance while enabling confidential computing on HGX B200. According to Corvex, this removes the historical trade-off between security and speed for production AI workloads and multi-tenant environments.

Which technologies power Corvex's confidential computing deployment on HGX B200 (MOVE)?

The deployment combines NVIDIA confidential computing, NVSwitch/NVLink encryption, and Intel Trust Authority attestation. According to Corvex, these elements provide end-to-end runtime verification across CPUs, GPUs, and interconnects.

What types of workloads does Corvex say the HGX B200 confidential computing supports for MOVE shareholders?

Corvex says the capability supports enterprise, regulated, and sovereign AI workloads requiring verifiable runtime security. According to Corvex, this enables defensible auditability and protection of proprietary models and sensitive data while in use.
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