GPU/CPU Stocks Rise in Overnight Trading, NVDA Up 0.5%, AVGO Up 0.5%
U.S. GPU/CPU stocks advanced in overnight trading on Thursday (September 3), with the sector posting broad but modest gains. Nvidia(NVDA.US) climbed 0.53% to $229.66 in overnight trading, reaching a session high of $229.88. Broadcom(AVGO.US) rose 0.46% to $358.79, while Marvell(MRVL.US) matched that gain at 0.46% to $209.79. AMD(AMD.US) added 0.32% to $457.61, Qualcomm(QCOM.US) gained 0.34% to $169.14, and ARM(ARM.US) edged up 0.21% to $243.11. Intel(INTC.US) rose 0.20% to $91.85, Dell(DELL.US) barely moved with a 0.04% gain to $516.58. Only CBRS(CBRS.US) bucked the trend, declining 0.73% to $189.05.
On the news front, overnight trading remained subdued with all major names posting moves under 1%, suggesting investors are taking a wait-and-see approach following the previous session's volatility. Among leveraged products, the 2x NVDA ETF(NVDL.US) gained 0.97%, while the ARM-related leveraged ETF(ARMG.US) surged 6.19% to $15.92, emerging as the standout performer in the sector.
