GPU/CPU Stocks Fall in Overnight Trading, ARM Down 2%, MRVL Down 1%
GPU/CPU stocks traded lower in overnight session on September 24. Arm Holdings(ARM.US) led declines, falling 2.10% to $325.57, with a session low of $324.00. Marvell Technology(MRVL.US) dropped 1.52% to $256.94, trading between $255.92 and $260.57. AMD(AMD.US) slipped 0.61% to $610.86, Broadcom(AVGO.US) fell 0.50% to $353.21, and Nvidia(NVDA.US) declined 0.26% to $224.93. Qualcomm(QCOM.US) was among the few gainers, edging up 0.08% to $197.40. Intel(INTC.US) dropped 0.94% to $121.45, while Dell Technologies(DELL.US) fell 0.85% to $545.16.
Overnight trading remained relatively quiet with no clear catalysts driving the sector. Some investors opted to take profits following earlier gains in tech stocks. Leveraged ETFs showed amplified declines: ARMG.US fell 3.78%, MVLL.US dropped 2.88%, and INTW.US declined 1.88%, reflecting cautious sentiment toward the semiconductor sector in the near term.
Sector constituents
| Name | Ticker | Last | Change |
|---|---|---|---|
| Qualcomm | QCOM.US | 197.40 | +0.08% |
| NVDD | NVDD.US | 29.09 | +0.00% |
| Nvidia | NVDA.US | 224.93 | -0.26% |
| Broadcom | AVGO.US | 353.21 | -0.50% |
| AMD | AMD.US | 610.86 | -0.61% |
| NVDL | NVDL.US | 35.70 | -0.64% |
| CBRS | CBRS.US | 203.60 | -0.80% |
| Dell Technologies | DELL.US | 545.16 | -0.85% |
| Intel | INTC.US | 121.45 | -0.94% |
| Marvell Technology | MRVL.US | 256.94 | -1.52% |
| AVGX | AVGX.US | 38.10 | -1.60% |
| INTW | INTW.US | 32.37 | -1.88% |
| CBRG | CBRG.US | 3.57 | -1.92% |
| Arm Holdings | ARM.US | 325.57 | -2.10% |
| MVLL | MVLL.US | 34.10 | -2.88% |
| ARMG | ARMG.US | 27.22 | -3.78% |