GPU/CPU Sector Rises in Overnight Session, AMD Up Over 3%, AVGO Up Nearly 1%
Complete. Here is the key summaryDuring the overnight session on July 30, the GPU/CPU sector rallied broadly. AMD led mainstream names with a gain of over 3%, followed by AVGO and MRVL. NVDA recorded the highest turnover as the sector saw active trading.
During the overnight session on July 30, the GPU/CPU sector rallied broadly, with most mainstream names posting gains. As of press time, AMD.US stood out as the top performer, trading at $503.74 in the overnight session, up 3.78% from the previous close, with an intraday high of $511.39. As one of the sector leaders, its overnight turnover exceeded $100 million, indicating strong capital allocation interest in the post-market session.
Among other mainstream names, AVGO.US traded at $393.25 in the overnight session, up 1.39%; MRVL.US at $196.79, up 7.36%; ARM.US at $252.35, up 4.48%; and QCOM.US at $154.38, up 1.83%. The sector's core asset, NVDA.US, traded at $198.27 in the overnight session, up 1.66%, with overnight turnover reaching $156 million, the highest liquidity in the sector. Additionally, INTC.US traded at $95.55, up 4.85%; CBRS.US at $206.99, up 1.93%; and DELL.US at $407.32, up 0.62%.
On the derivative front, leveraged and inverse products showed significant volatility. NVDL.US traded at $28.72 in the overnight session, up 3.31%; NVDD.US at $34.30, down 0.98%; INTW.US at $21.64, up 8.96%; ARMG.US at $18.10, up 8.12%; MVLL.US at $22.30, up 14.89%; CBRG.US at $4.39, up 4.52%; and AVGX.US at $48.68, up 1.52%. Overall, the sector saw active trading during the overnight session with strong bullish sentiment.