Premarket: Nasdaq futures drop on AI chip worries ahead of pivotal earnings
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Premarket: Nasdaq futures drop on AI chip worries ahead of pivotal earnings
PUBLISHED 2 HOURS AGO
UPDATED 1 HOUR AGO
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Nasdaq futures fell on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition, ahead of earnings from some of the biggest companies on Wall Street.
Chip bellwethers such as Nvidia fell 1.1 per cent, Micron slid 4.4 per cent and Applied Materia…
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