GPU/CPU Sector Rallies Intraday, NVDA Up Nearly 3%, DELL Surges Over 9%, AVGO Gains Nearly 3%
Complete. Here is the key summaryDuring Tuesday (July 22) trading, the GPU/CPU sector rallied broadly. NVDA rose nearly 3%, DELL surged over 9%, while AVGO and AMD both gained more than 2%, driven by strong semiconductor chip demand.
During intraday trading on Tuesday (July 22), the GPU/CPU sector saw broad gains, with nearly all major tickers in the green. As of press time, NVDA.US traded at $212.790, up 2.65% from the previous close; DELL.US stood out with a surge of 9.68% to $443.220; AVGO.US rose 3.07% to $398.370.
Among other major names, AMD.US gained 2.04% to $555.560; MRVL.US advanced 1.81% to $211.710; QCOM.US climbed 1.37% to $175.880. Chip design leader ARM.US slipped 1.62% to $285.050, while INTC.US fell 1.40% to $103.980. Sector divergence was limited, with overall sentiment leaning optimistic.
On the derivative ETF front, leveraged long products were active. NVDL.US rose 5.42% to $33.330; CBRG.US edged up 0.42% to $4.760. Meanwhile, inverse or lower-leverage products such as NVDD.US fell 2.62% to $31.920, and INTW.US dropped 2.94% to $26.585. Capital flows clearly favored the long side, betting on continued growth in AI computing power and semiconductor hardware demand.