GPU/CPU Sector Falls Broadly Intraday, NVDA Down Nearly 5%, INTC Down Over 1%
Complete. Here is the key summaryDuring Monday (July 27) intraday trading, the GPU/CPU sector weakened broadly. NVDA fell nearly 5% to $196.81, INTC dropped over 1% to $91.35, AMD declined over 5% to $493.20, and AVGO edged down 0.16%.
Longbridge News learned that during U.S. intraday trading on Monday (July 27), GPU/CPU-related stocks came under collective pressure, with the sector showing broad declines. As of press time, mainstream chip stocks across the board moved lower amid cautious market sentiment.
On the individual stock front, NVDA.US performed weakly, trading at $196.81, down 4.85% from the previous close; AMD.US saw a significant drop, now at $493.20, down 5.51%; INTC.US fell 1.05% to $91.35; and AVGO.US edged down 0.16% to $382.55. Among other names, MRVL.US dropped 2.70% to $188.99, DELL.US fell 3.01% to $424.34, QCOM.US declined 1.60% to $169.65, while ARM.US bucked the trend with a slight 2.26% gain to $265.88, and CBRS.US plunged 5.89% to $187.41.
On the leveraged product side, NVDL.US dropped 9.67% to $28.43, INTW.US fell 2.24% to $20.28, MVLL.US declined 5.21% to $21.27, CBRG.US tumbled 12.06% to $3.76, and AVGX.US slipped 0.33% to $46.83. Overall, the semiconductor sector faced selling pressure today, with investors advised to monitor the impact of upcoming earnings guidance and macroeconomic data on valuations.