US futures mixed after Thursday's rout: 5 things to know before Wall Street opens

Impact · against what's priced in

The premarket rebound in US chip stocks is a mean-reversion bounce that does not resolve the underlying structural concerns regarding AI infrastructure spending. While NVDA and others are recovering from a rout, the severe contagion in the Korean semiconductor supply chain suggests that the broader market remains skeptical of the growth trajectories the current prices require.

NVDA−0.20

Challenges what's priced in

The price assumes