Nasdaq futures rise as AI rout pauses amid dip buying

Investing.com · Scott Kanowsky · 2026-11-06 01:08 UTC

Nasdaq futures rise as AI rout pauses amid dip buying

Investing.com - A rout in U.S. stocks steadied on Friday, as dip buyers offered a respite to chip stocks following a broad-based equity-market rout sparked by worries over the implications of a Democratic midterms victory on the artificial intelligence boom. Which sectors provide shelter from the AI wipeout? Find out with InvestingPro-- now at 55% off!

By 06:48 ET (11:48 GMT), Nasdaq 100 futures had climbed by 443 points, or 1.7%, and S&P 500 futures had gained 23 points, or 0.3%. Dow futures were the laggard, sliding by 481 points, or 1.0%.

Chipmakers rebounded before the opening bell. AI semiconductor giant Nvidia rose by roughly 4%, while peers Advanced Micro Devices and Micron were up by 7% and 8%, respectively. An exchange-traded fund tracking the U.S. chip industry also advanced by more than 5%. Data-center firm CoreWeave jumped by more than 9% as well.

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