GPU/CPU Sector Falls in Post-Market: AMD Down 3.1%, ARM Near 8%, Intel Near 8%
Complete. Here is the key summaryIn post-market trading on Thursday ET, the GPU/CPU sector declined broadly. AMD fell 3.1%, ARM dropped nearly 8%, and Intel slid close to 8%, while Nvidia edged down 1.4%.
During the post-market session on Thursday, July 24 (ET), the GPU/CPU sector faced significant selling pressure, with major stocks closing lower. As of press time, losses widened across most components, reflecting cautious market sentiment.
In terms of specific stocks, AMD.US traded at $548.70 in post-market, down 3.10% from the previous close. ARM.US showed weakness, falling 7.81% to $260.52. INTC.US (Intel) also came under pressure, dropping 7.70% to $92.51. Market leader NVDA.US (Nvidia) slipped 1.40% to $205.79, while AVGO.US (Broadcom) declined 3.00% to $391.50, and MRVL.US (Marvell Technology) fell 7.81% to $193.58. Additionally, QCOM.US (Qualcomm) dropped 2.62%, DELL.US (Dell) fell 1.15%, and CBRS.US declined 9.84%.
On the derivative front, inverse ETFs saw active trading. NVDL.US fell 2.80%, INTW.US plunged 22.37%, ARMG.US dropped 18.15%, MVLL.US fell 15.09%, CBRG.US declined 18.67%, and AVGX.US dropped 5.56%. Overall, the semiconductor and hardware sector exhibited clear signs of profit-taking in post-market trading, warranting close attention to subsequent market developments.