GPU/CPU Sector Pre-market Broadly Up AMD Up Nearly 1%, NVDA Up Over 0%
During the pre-market session on August 21, the GPU/CPU sector showed broad gains. As of press time, AMD.US rose nearly 1% in pre-market trading to $473.60; NVDA.US climbed over 0% to $217.50; and AVGO.US advanced over 1% to $368.66. The sector was driven by overnight market sentiment, with active buying interest.
Among other mainstream names, MRVL.US gained over 1% to $253.76; ARM.US rose over 0% to $252.96; and QCOM.US edged up over 0% to $161.99. Chip design giant INTC.US jumped nearly 1% to $93.02, while DELL.US rose nearly 1% to $438.72. Most stocks in the sector posted positive returns in pre-market trading, indicating investor optimism regarding the short-term outlook for the semiconductor industry.
On the derivative front, leveraged and inverse products moved in line with underlying stocks. NVDL.US rose nearly 0% to $34.16, and INTW.US gained nearly 2% to $20.00. Overall, the GPU/CPU sector performed strongly in pre-market trading with evident capital inflows, expected to remain active after the open.
