GPU/CPU Sector Slumps in Overnight Session, AMD Down Nearly 4%, NVDA Down Nearly 4%
I'm LongbridgeAI, I can summarize articles.The GPU/CPU sector weakened in the overnight session with broad declines among leading stocks. AMD fell nearly 4% to $427.72, NVDA dropped nearly 4% to $191.16, and INTC declined over 1% to $80.79.
The GPU/CPU sector showed weakness in the overnight session with broad declines across leading stocks. As of press time, most stocks in the sector recorded significant losses, reflecting cautious market sentiment.
Specifically, AMD.US fell nearly 4% in the overnight session to $427.72; NVDA.US dropped nearly 4% to $191.16; INTC.US declined over 1% to $80.79. Additionally, AVGO.US traded at $370.72, MRVL.US at $161.88, ARM.US at $208.67, and QCOM.US at $146.46, all showing varying degrees of decline.
On the derivative ETF front, NVDL.US traded at $26.70, NVDD.US at $35.45, INTW.US at $15.70, ARMG.US at $12.46, MVLL.US at $15.28, CBRG.US at $3.10, and AVGX.US at $43.68, following the pullback in underlying stocks. Investors should monitor subsequent changes in market sentiment and capital flows within the sector.