GPU/CPU Sector Rises During Regular Session, NVDA Up 0.03%, DELL Surges Nearly 8%, CBRG Jumps Over 22%
Complete. Here is the key summaryDuring Tuesday's (July 22) regular session, the GPU/CPU sector rallied broadly. DELL led major stocks with a nearly 8% gain, while CBRG surged over 22% among derivative products. Weight stocks like NVDA and AVGO edged higher, and INTC rebounded over 3%.
During the regular session on Tuesday (July 22), the U.S. GPU/CPU sector showed broad gains. As of 1:45 PM ET, most major stocks in the sector closed higher. Dell Technologies (DELL.US) stood out with a sharp rise of nearly 8% to $435.05, while NVIDIA (NVDA.US) traded flat with a slight 0.03% gain at $207.36.
In sub-sectors, semiconductor equipment and chip design stocks showed mixed performance. Advanced Micro Devices (AMD.US) rose 0.69% to $548.18, and Broadcom (AVGO.US) edged up 0.04% to $386.65. Intel (INTC.US) rebounded during the session, up over 3% to $105.04. Qualcomm (QCOM.US) gained 2.01% to $176.99. Arm Holdings (ARM.US) traded at $286.78, with its loss narrowing to 1.02%.
Among derivative leveraged products, CBRG.US surged over 22% to $5.82, while NVDL.US rose 0.19% to $31.68. Overall, the sector saw significant capital inflows during the regular session, with market sentiment leaning optimistic as investors await guidance on hardware demand from the upcoming earnings season.