GPU/CPU Sector Slumps Intraday, NVDA Falls Nearly 5%, INTC Drops Over 2%
Complete. Here is the key summaryGPU/CPU stocks retreated broadly during Monday's session. NVDA fell nearly 5% to $197.34, while INTC dropped over 2% to $90.41. AMD and MRVL both declined more than 6%, reflecting bearish sentiment.
Longbridge News reports that the GPU/CPU sector faced significant selling pressure during Monday's (July 27) intraday session, with major stocks closing lower. As of press time, sector leader NVDA.US traded at $197.34, down 4.59% from the previous close. Turnover reached $16.64 billion with volume hitting 83.19 million shares, indicating strong capital outflow.
Other components also showed weakness. AMD.US plunged 6.84% to $486.28, while MRVL.US fell 2.75% to $188.89. INTC.US dropped 2.07% to $90.41, with turnover exceeding $7.3 billion. Chip design giant AVGO.US showed relative resilience, edging down 0.25% to $382.86. Arm Holdings ARM.US slipped 0.08% to $260.22, and QCOM.US declined 1.08% to $168.83.
Among derivative leveraged products, NVDL.US, which tracks Nvidia, tumbled 10.74% to $28.58. INTW.US fell 4.29% to $19.85, and MVLL.US dropped 5.35% to $21.24. Overall, the semiconductor sector faced clear profit-taking pressure after recent gains, with market sentiment turning cautious.