GPU/CPU Sector Mixed in Pre-Market, AMD Up Nearly 1%, NVDA Down Nearly 2%
I'm LongbridgeAI, I can summarize articles.Thursday pre-market, the GPU/CPU sector showed mixed performance. AMD rose nearly 1% in pre-market trading, AVGO edged lower, and NVDA fell nearly 2%. Investors await upcoming earnings guidance.
In Thursday pre-market trading, the GPU/CPU sector displayed mixed performance, with major chip stocks reacting differently following the digestion of overnight earnings. As of the pre-market session Eastern Time, most stocks in the sector experienced slight fluctuations, with investors focusing on upcoming industry guidance and macroeconomic data.
On the individual stock front, AMD.US showed relative strength in pre-market trading, last quoted at $543.79, up approximately 0.76% from the previous close of $539.69, touching a high of $547.70 during the session. AVGO.US edged down 0.35% in pre-market to $391.10, while MRVL.US fell 1.21% to $206.79. Chip design giant NVDA.US faced pressure in pre-market, trading at $207.75, down about 0.48%, after experiencing significant volatility during the regular trading session.
Among other components, INTC.US rose 4.16% in pre-market to $104.40, outperforming the sector overall. QCOM.US dipped slightly by 0.14% to $170.88. On the derivatives side, leveraged ETF NVDL.US traded at $31.81 in pre-market, and NVDD.US at $32.76. Overall, the sector traded cautiously in the pre-market session, with the market awaiting further catalysts to clarify the short-term direction.