GPU/CPU Sector Surges During Trading Session, AVGO Up Over 5%, NVDA Up Nearly 4%, DELL Up Over 3%
Complete. Here is the key summaryWednesday trading session saw GPU/CPU sector rally broadly, led by AVGO up over 5%, with NVDA and DELL both gaining over 3%, driven by strong semiconductor chip demand.
Longbridge News learned that during Wednesday's (July 8) US trading session, the GPU/CPU sector rallied broadly with most major stocks closing higher. As of press time, AVGO.US rose 5.31% to $390.48, leading the sector; NVDA.US gained 3.84% to $204.49, with trading volume reaching $23.006 billion; DELL.US climbed 3.43% to $431.59, supported by sustained server demand.
Among other major stocks, CBRS.US rose 2.45% to $180.94, QCOM.US gained 1.34% to $185.43, and MRVL.US edged up 0.28% to $231.35. ARM.US fell 0.70% to $298.33, INTC.US declined 1.74% to $108.47, and AMD.US slipped 0.17% to $515.24, showing mixed performance.
On the derivative ETF front, AVGX.US surged 10.41% to $49.42, NVDL.US rose 7.61% to $31.11, and CBRG.US gained 4.67% to $3.81. Inverse products NVDD.US fell 3.90% to $33.30 and INTW.US declined 3.88% to $29.72. The sector saw active trading overall, with strong semiconductor chip demand expectations driving capital inflows.