New York, 17 July 2026 – US stock index futures fell sharply as a broadening sell-off in semiconductor shares forced investors to reassess elevated artificial intelligence valuations and the sustainability of record spending on data-centtre infrastructure.

Nasdaq 100 futures dropped about 1.7%, pointing to another difficult session for technology stocks following steep losses across semiconductor companies in the previous trading day.

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Tim Clark

Tim Clark is a Senior Geopolitical Analyst for The Ledger Asia, specializing in the intersection of international relations and market stability. With over a decade of experience, Tim provides deep-dive insights into Indo-Pacific security, global supply chain resilience, and the strategic competition between major powers.

Previously a consultant for leading international think tanks, he focuses on how shifting diplomatic landscapes and maritime disputes impact corporate governance and trade policy. At The Ledger Asia, Tim’s analysis equips readers with the clarity needed to navigate the complex regulatory and economic environments of Southeast Asia and beyond.

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US Stock Futures Slide as Deepening Chip Sell-Off Tests AI Rally

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US Stock Futures Slide as Deepening Chip Sell-Off Tests AI Rally

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