GPU/CPU Sector Mixed in Overnight: AMD Down Near 1%, NVDA Up Near 1%, INTC Down Over 1%
Complete. Here is the key summaryDuring the overnight session on Wednesday ET, the GPU/CPU sector showed mixed performance. Among major stocks, NVDA edged higher while AMD and INTC retreated. Trading volume remained light as investors awaited further earnings guidance.
During the overnight session on Wednesday (July 29) ET, the GPU/CPU sector displayed a mixed trend. As of press time, major stocks in the sector were divided, with NVIDIA (NVDA.US) showing relative resilience in overnight trading, while AMD (AMD.US) and Intel (INTC.US) retreated to varying degrees.
Specifically, NVIDIA's overnight price stood at $190.99, up 0.52% from the previous close. The stock experienced significant volatility during the regular session, closing down approximately 3.56% from the prior day, but stabilized during the overnight period. AMD traded at $428.99 in the overnight session, down about 0.13%; Intel was at $80.61, falling 1.55%. Broadcom (AVGO.US) edged up 0.25% to $371.25, while Arm Holdings (ARM.US) dropped 6.29% to $210.74, underperforming the broader market.
Among other major names, Qualcomm (QCOM.US) traded at $148.85 in the overnight session, down approximately 4.40%; Marvell (MRVL.US) fell 0.46% to $162.65. On the derivative ETF front, the 2x Long NVIDIA ETF (NVDL.US) was down about 0.71% at $26.66, while the 2x Short NVIDIA ETF (NVDD.US) remained flat at $35.45. Overall, trading volume during the overnight session was significantly lighter compared to regular hours, with investors awaiting further macroeconomic data and corporate earnings guidance to clarify the next direction.