GPU/CPU Sector Rises Broadly Intraday, DELL Up Over 7%, MRVL and QCOM Up Over 4%
The GPU/CPU sector rallied broadly during regular trading on September 11, with mainstream names advancing across the board, signaling renewed investor confidence in semiconductor and computing-related stocks. As of press time, DELL posted the strongest performance, surging over 7% to $543.96, hitting an intraday high of $545.40, with turnover reaching $873.76 million and volume at 1.64 million shares. MRVL followed closely, up over 4% at $237.14, while QCOM also gained over 4% to $184.66, with turnover of $630.55 million and $262.62 million respectively.
Among chip giants, AMD rose 1.33% to $510.28, AVGO advanced 1.36% to $365.72, and ARM gained 1.75% to $258.63. Industry leader NVDA edged up 0.72% to $219.93, and while the gain was modest, turnover reached $2.75 billion with volume of 12.49 million shares, indicating active trading. INTC rose 2.96% to $103.29, approaching the 3% threshold, while CBRS gained 1.35% to $193.92. The sector saw robust overall turnover, with multiple names exceeding $1 billion in trading value.
Among derivative products, leveraged and inverse ETFs showed divergent performance. Two-times long MVLL surged nearly 9% to $29.53, leading derivative names. INTW advanced nearly 6% to $24.03, ARMG rose over 3% to $17.97, and CBRG gained over 3% to $3.32. NVDL rose 1.39% to $34.33, AVGX advanced 2.74% to $41.24, while inverse or leveraged product NVDD dipped 0.69% to $30.34, reflecting divergent market views on the sector's outlook.
