--- title: "Nasdaq Futures Slip Despite Samsung's Record Profit Boost" type: "News" locale: "en" url: "https://longbridge.com/en/news/291929693.md" description: "Nasdaq futures slipped despite Samsung's record Q2 profit, as chip stocks like Micron and Intel fell due to concerns over AI investment sustainability. The Dow rose slightly, crossing 53,000 points. Meanwhile, Rivian dropped after a share offering, Fiserv surged on sales rumors, and markets await Fed minutes for rate clues." datetime: "2026-07-07T12:06:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291929693.md) - [en](https://longbridge.com/en/news/291929693.md) - [zh-HK](https://longbridge.com/zh-HK/news/291929693.md) --- # Nasdaq Futures Slip Despite Samsung's Record Profit Boost The tech-heavy Nasdaq found itself in the red on Tuesday morning, with futures taking a hit despite Samsung Electronics announcing a blistering second-quarter operating profit that blew past expectations. **Samsung Electronics** managed a 19-fold increase in operating income, shattering its combined earnings from the previous three years. Yet the chip sector, usually a Nasdaq darling, is showing signs of strain. Key players like **Micron Technology**, **Western Digital**, and **Sandisk** suffered steep premarket losses, dropping between 5% and 6%. Investors appear nervous about whether the current chip rally, fueled largely by AI excitement, can hold up. One of the central questions swirling around the chip sector is if these stellar earnings are sustainable enough to offset the huge capital pouring into AI infrastructure by the big hyperscalers. Richard Hunter, head of markets at interactive investor, pointed out that this isn't about immediate demand or profits, but about the market's confidence in long-term earnings to repay the massive AI investments. Meanwhile, the semiconductor dive was mirrored in the shares of other chip giants like **Intel**, which slipped 4%, and **Marvell Technology** and **Qualcomm**, both recording declines on sector-wide caution. Soon, attention will turn to **SK Hynix**, another South Korean semiconductor heavyweight, which is set for a U.S. listing on Nasdaq later this week. That debut might offer clues about investor appetite following Samsung's mixed reception. As for the broader futures picture, the Dow E-minis eked out gains with a 0.16% rise, supported by strong performances from software giants like **Microsoft**, **Salesforce**, and **IBM**. The Dow also crossed the 53,000-point threshold for the first time, hitting yet another 1,000-point milestone this year. Not all tech was spared. Anticipation of **SpaceX** joining the Nasdaq-100 brought mixed trading, with shares down nearly 1.7% premarket, even as brokers lifted quiet periods and began coverage. Elsewhere, electric vehicle maker **Rivian** stumbled after announcing a sizable share offering despite a Q2 revenue forecast exceeding analyst estimates, while payment processor **Fiserv** jumped over 7% on talk of potential sales talks with big U.S. banks. The Federal Reserve remains front and center this week as markets await minutes from the first meeting guided by Chair Kevin Warsh. 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