Co-movers

daily closes · 479dMethod

Moved together

NVDAwithQRVO

×0.35co-movement · QRVO on NVDA · 479d

r 0.35scale to r 0.75

Shared co-movers1with NVDAwith QRVO

MPWRMonolithic Power Systems, Inc.r 0.57r 0.54

NVDA, solidQRVO, hatched× = co-movement · βr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

NVDANvidia Corp

202.10−1.24%· post 203.80

Mkt cap$4.9TRevenue$96.2BQ2 FY27Revenue$216BFY26

QRVOQorvo, Inc.

114.21+1.78%· post 114.64

ClosedNov 2 '26

Mkt cap$10.1BRevenue$785MQ1 FY27Revenue$3.7BFY26

vs

Compare

ClosedNov 2 '26

NVDANvidia Corp

vs

QRVOQorvo, Inc.

202.10−1.24%post 203.80

Price

114.21+1.78%post 114.64

$4.9T

Mkt cap

$10.1B

Q2 FY27$96.2B

Revenue

$785MQ1 FY27

FY26$216B

Revenue

$3.7BFY26

NVDA compared with QRVO: revenue, margins and what each company keeps, and the suppliers and customers both name