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Chipmakers drag stock futures lower; SK Hynix sinks 10% premarket: Live updates

Tech stocks plunge as geopolitical tensions and chipmaker woes collide on global markets

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The brief

Major U.S. indices, including the S&P 500 and Nasdaq, are declining premarket amid a sharp sell-off in semiconductor stocks. SK Hynix leads losses with a 10% drop, while Intel (INTC), AMD, Nvidia (NVDA), and Broadcom (AVGO) also fall. Coverage highlights broader market jitters linked to escalating U.S.-Iran tensions, which have disrupted investor sentiment.

Outlets including *Seeking Alpha*, *The Detroit News*, *Yahoo Finance*, and *Financial Times* emphasize the dual impact of geopolitical risks and sector-specific vulnerabilities. The *Financial Times* notes Asian memory chipmakers are under particular pressure, signaling a global tech downturn. *Yahoo Finance* ties the decline explicitly to fresh U.S.-Iran strikes threatening a fragile peace deal. Watch for further volatility in tech-heavy indices if tensions persist or if earnings reports from major chipmakers underperform expectations.

Analysts may also scrutinize supply chain risks in the semiconductor sector, given its sensitivity to geopolitical disruptions.

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Quick answers

Which specific chipmakers are seeing the largest drops?

SK Hynix is leading declines with a 10% premarket drop, while Intel (INTC), AMD, Nvidia (NVDA), and Broadcom (AVGO) are also falling.

Are U.S.-Iran tensions the only factor affecting markets?

Coverage suggests tensions are a key driver, but broader tech sector weakness and investor caution are also contributing to the decline.

Which regions are most affected by the chip stock sell-off?

The *Financial Times* highlights Asian memory chipmakers as particularly hard-hit, indicating a global impact beyond the U.S.

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