Nasdaq 100 futures rose 0.40% on Wednesday as investors bought the dip following a brutal tech selloff, with all eyes on Micron Technology's quarterly results due after the close. Chip and AI infrastructure stocks led the pre-market rebound, with Arm Holdings up over 4%, Micron Technology up more than 3%, and Intel up over 2%. The cautious buying comes after Tuesday's session saw the Nasdaq 100 and S&P 500 dragged lower by steep losses in Sandisk and Micron, which each plunged more than 13%. Micron's report is expected to provide a critical read on AI infrastructure demand, with the stock having surged more than 268% this year as the top performer in the Philadelphia Semiconductor Index. In Europe, the Euro Stoxx 50 slipped 0.16% amid defense stock weakness, while Asian markets closed mixed, with China's Shanghai Composite edging up 0.11% and Japan's Nikkei 225 falling 0.88%.
Arm Holdings plc American Depositary Shares
Alphabet Inc Class C
FedEx Corporation
International Business Machines
Tesla Inc
