GPU/CPU Sector Pre-Market Broad Decline: AMD Down Nearly 1%, NVDA Down Over 3%, INTC Down Over 5%
Complete. Here is the key summaryDuring pre-market hours on Wednesday (July 30), the GPU/CPU sector declined broadly. Among mainstream stocks, NVDA, INTC, and AMD led losses, falling over 3%, 5%, and nearly 1% respectively.
During pre-market hours on Wednesday (July 30), the GPU/CPU sector showed a broad decline. As of 10:45 AM ET, mainstream stocks in the sector were all lower, with cautious market sentiment prevailing.
On the individual stock front, Intel (INTC.US) saw the largest drop, trading at $82.47 in pre-market, down 5.07% from the previous close. NVIDIA (NVDA.US) was down 3.53% at $192.55, while Advanced Micro Devices (AMD.US) fell 0.98% to $439.25. Among other mainstream names, Broadcom (AVGO.US) rose 1.42% to $375.57, ARM (ARM.US) dropped 4.18% to $215.45, Qualcomm (QCOM.US) fell 5.44% to $147.25, Marvell Technology (MRVL.US) declined 2.03% to $166.70, Cerebras (CBRS.US) plunged 12.31% to $175.09, and Dell (DELL.US) dropped 4.19% to $375.80.
On the derivative ETF side, NVDL.US fell 4.84% to $27.14, NVDD.US dropped 1.13% to $35.14, INTW.US declined 1.23% to $16.36, ARMG.US fell 8.56% to $13.35, MVLL.US dropped 2.39% to $16.28, CBRG.US declined 6.61% to $3.23, and AVGX.US fell 2.53% to $44.88. Overall, the chip sector faced significant selling pressure in pre-market trading, with investors advised to monitor intraday developments and news flow.