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Barchart
Barchart
Oleksandr Pylypenko

Stock Index Futures Climb as Chipmakers Extend Rebound, Earnings in Focus

United States WAL 3M Company Marvell Technology MMM Sanae Takaichi SanDisk SNDK United Kingdom Japan

September S&P 500 E-Mini futures (ESU26) are up +0.57%, and September Nasdaq 100 E-Mini futures (NQU26) are up +1.39% this morning, pointing to a higher open on Wall Street as a rebound in chipmakers gained momentum.

Chip and AI infrastructure stocks climbed in pre-market trading as investors snapped up names tied to the AI buildout at lower valuations after they suffered their worst week in more than a year. Sandisk (SNDK) was up over +8%, Marvell Technology (MRVL) was up more than +6%, and Intel (INTC) was up over +5%. The positive mood followed strong gains for semiconductor and other AI-related stocks in South Korea, Taiwan, and Japan.

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