GPU/CPU Sector Rises in Overnight Session, AMD Up Nearly 4%, MRVL Surges Nearly 7%
I'm LongbridgeAI, I can summarize articles.During the overnight session on July 30, the GPU/CPU sector rallied broadly. MRVL.US led major gainers with a nearly 7% rise; AMD.US advanced nearly 4%, while DELL.US jumped nearly 10%. Overnight trading extended post-market strength as expectations for computing chip demand drove sector valuation recovery.
Longbridge News reports that during the overnight session on July 30, the GPU/CPU sector extended its post-market momentum with broad-based gains among major constituents. As of press time, MRVL.US led the sector, trading at $196.13 in overnight session, up 6.99% from the previous close; AMD.US rose 3.99% to $504.85; DELL.US stood out with a striking 9.40% gain to $405.08.
Sector leader NVDA.US edged up 1.80% to $198.55 in overnight trading, maintaining its high-level consolidation. AVGO.US gained 1.13% to $392.21; ARM.US advanced 3.71% to $250.50; QCOM.US rose 1.49% to $153.86. In contrast, INTC.US climbed 5.12% to $95.80, indicating that traditional CPU manufacturers also attracted capital interest.
Among derivative products, leveraged ETFs showed more aggressive moves. NVDL.US (2x Long NVDA) rose 3.63% to $28.81; INTW.US (2x Long INTC) surged 9.82% to $21.81; MVLL.US (2x Long MRVL) jumped 14.27% to $22.18. Although overnight trading volume contracted compared to regular hours, capital flow data suggests optimistic expectations for the AI computing chip supply chain continue to build, driving overall sector valuation recovery.