Nasdaq futures dive 2.5% as global chip sell-off sparks AI doubts

Price ActionIndustry Impact 4
โดย Dow Jones·Read original
Summary · why it matters

Nasdaq futures plunged 2.5% on Tuesday as a rout in memory chipmakers spurred doubts about the AI trade, piling pressure on stocks more broadly. S&P 500 futures sank 1.3% and Dow Jones Industrial Average futures slid 0.5%. A sell-off in South Korean memory makers SK Hynix and Samsung Electronics, which sank over 10%, undermined faith in AI-driven growth prospects. Ongoing US-Iran negotiations kept investors on edge even as officials reported progress. FedEx and Cerebras Systems are set to report earnings, with Cerebras Systems' results marking its first since going public in May.

Impact on stocks 5

Artificial Intelligence▼ · 2 stocks
Semiconductors▼ · 1 stocks
SK Hynix Inc
000660
▼ NegativeDemandrelevance

Shares sank over 10% as the sell-off undermined faith in AI-driven growth prospects for memory chips.

Industrials▲ · 1 stocks
Space Economy▲ · 1 stocks
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