GPU/CPU Stocks Rise Premarket, ARM Up 2%, NVDA Up 1%
ARM Holdings (ARM.US) climbed 2.42% to $248.47 in premarket trading on Monday (September 7), reaching a session high of $249.00. Nvidia (NVDA.US) rose 1.18% to $231.14, with the stock touching $232.49 at its peak. Marvell Technology (MRVL.US) gained 1.15% to $211.24. AMD (AMD.US) advanced 1.14% to $461.37, while Intel (INTC.US) edged up 0.87% to $92.47. Qualcomm (QCOM.US) rose 0.53% to $169.47, Broadcom (AVGO.US) gained 0.56% to $359.15, and Dell (DELL.US) slipped 0.99% to $511.26. Among leveraged products, ARMG (ARMG.US) surged 5.21%, demonstrating significant amplification effect, while MVLL (MVLL.US) rose 2.24%.
On the catalyst front, sustained AI computing demand continues to drive chip stocks higher in premarket trading. ARM's architecture licensing business shows positive momentum, lifting related names across the sector. Investors remain optimistic about the semiconductor industry's long-term growth prospects ahead of upcoming product launches and earnings guidance, with active premarket buying pushing the sector broadly higher.
