GPU/CPU stocks edge up in overnight trading, ARM up 0.91%, MRVL up 0.82%
GPU/CPU-related names staged a modest rebound in overnight trading on Monday (September 14). ARM(ARM.US) climbed 0.91% to $241.19, leading the sector, while MRVL(MRVL.US) rose 0.82% to $220.61 and NVDA(NVDA.US) gained 0.61% to $212.25. AMD(AMD.US) edged up 0.09% to $493.85, AVGO(AVGO.US) advanced 0.31% to $345.79, and INTC(INTC.US) rose 0.54% to $97.71. QCOM(QCOM.US) slipped 0.08% to $180.00, one of the few decliners in the group.
On the catalyst front, the GPU/CPU sector saw widespread selling pressure during regular hours before staging a technical rebound in overnight trading. Most mainstream names partially recovered from intraday losses of 5%-10%, suggesting investors remain confident in long-term AI computing demand after digesting the day's headwinds. Among leveraged products, NVDL(NVDL.US) gained 1.11%, INTW(INTW.US) rose 1.09%, while inverse ETF NVDD(NVDD.US) fell 1.04%, reflecting the amplified moves.
