GPU/CPU Sector Slides in Regular Session, AMD Down Over 6%, MRVL Near 7%
On August 21, the GPU/CPU sector showed weakness during regular trading hours, with mainstream names 普遍 declining. As of 4:45 PM ET, significant losses were observed across multiple stocks, reflecting cautious market sentiment.
In terms of individual performance, MRVL.US was the weakest performer, plunging 6.73% to trade at $234.15, hitting an intraday low of $233.28. AMD.US followed closely with a drop of 6.06%, currently at $470.00, supported by heavy volume of 7.58 million shares. ARM.US also faced selling pressure, down 2.56% to $244.31. Chip giant NVDA.US edged lower by 0.57% to $215.62, recording a substantial turnover of $11.7 billion, indicating intense contention at high levels. INTC.US fell 2.20% to $90.11, while AVGO.US dipped 0.63% to $366.34, and QCOM.US slipped 0.34% to $160.20.
Among derivative leveraged products, MVLL.US (2x Long Marvell), which correlates highly with the sector, extended its loss to 13.30%, trading at $29.95; CBRG.US (2x Long Broadcom) dropped 10.25% to $3.65. Overall, the semiconductor sector is facing notable profit-taking pressure following recent gains.
