Nasdaq-100 (US100) futures remain under pressure today following reports about China’s progress in developing its own semiconductor manufacturing technology. The index opened higher, supported by news of a pause in military operations between the US and Iran, but sentiment deteriorated as the session progressed and prices moved into negative territory. The strongest pressure has been visible across the semiconductor sector, with ASML, Nvidia and other chip-related companies among the biggest decliners.
The weaker sentiment was triggered by reports that China is making progress in developing advanced DUV lithography machines, which could eventually challenge the current advantage of leading industry players and increase competition in the semiconductor market.
At the same time, investors are taking profits in the artificial intelligence segment, with Nvidia also coming under pressure. The market is increasingly focused not only on the pace of AI adoption, but also on the scale of investment required to sustain the current growth trajectory. Rising spending on data centres and AI infrastructure is raising questions over whether the size of these investments will translate into sufficiently strong returns in the future.
Today’s session highlights growing market sensitivity to developments in the semiconductor sector. The industry remains one of the key pillars of the artificial intelligence narrative, meaning any information related to technological competition, margin pressure or future investment returns can quickly impact the valuations of major companies and the broader index.
Source: xStation5
China Is Building Its Own Chip-Making Machines. ASML Under Pressure as the Technology War Enters a New Phase
US Open: Wall Street Rebounds After US Iran Ceasefire
🔴European TTF gas prices fall by 7.5%
Week Ahead
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
