GPU/CPU Sector Slides Intraday, AMD Down Near 1%, MRVL Down Near 6%
During intraday trading on August 21, the GPU/CPU sector showed weakness with mainstream stocks generally declining. As of press time, most stocks in the sector posted notable losses, reflecting cautious market sentiment.
Individually, MRVL.US performed the weakest, trading at $237.25, down 5.48%; ARM.US followed closely at $243.35, down 2.92%; INTC.US traded at $90.05, down 2.26%. Chip giant NVDA.US was at $215.31, down 0.71%; AMD.US stood at $471.00, down 0.37%. Meanwhile, AVGO.US managed a slight gain of 1.19% to $368.35, standing as one of the few gainers in the sector.
Among derivative leveraged products, MVLL.US saw a significant drop, trading at $30.77, down 11.00%; CBRG.US was at $3.58, down 11.95%; INTW.US traded at $18.73, down 4.64%. Capital outflow signs were evident across the sector, with investors advised to monitor subsequent semiconductor industry demand trends and macroeconomic policy impacts.
