GPU/CPU Sector Falls in Night Session, NVDA Down Nearly 1%, INTC Down Nearly 1%
Complete. Here is the key summaryDuring the night session on July 31, the GPU/CPU sector retreated broadly. NVDA fell nearly 1% to $200.75, INTC dropped nearly 1% to $90.20, and AMD declined over 1% to $476.15. Market sentiment remained cautious as major chip stocks slid in after-hours trading.
During the night session on July 31, the GPU/CPU sector faced a broad pullback as market sentiment turned cautious. As of press time, major constituents were mostly lower, with NVDA.US trading at $200.75, down 0.46% (nearly 1%) from the previous close; INTC.US at $90.20, down 1.03% (nearly 1%); and AMD.US at $476.15, down 1.90% (over 1%).
Other key components also showed weakness. AVGO.US slipped 0.38% to $389.28, while MRVL.US fell 2.32% to $187.56. ARM.US dropped 0.77% to $239.69, and QCOM.US declined 2.63% to $147.61. CBRS.US was down 2.15% at $198.71, whereas DELL.US edged up 0.14% to $405.37. Among derivative products, NVDL.US rose 5.83% to $29.42, NVDD.US fell 2.86% to $33.65, and INTW.US dropped 2.26% to $19.41.
Trading volume during the night session remained relatively light, but the sector's downward trend was evident. Investors are awaiting further macroeconomic data and corporate earnings guidance to assess the semiconductor industry's growth prospects for the second half of the year. Although some stocks attempted to rally during pre-market and regular trading hours, selling pressure emerged in the night session, causing most constituents to give back intraday gains.