Tech Stock Futures Fall About 2% as Chip Companies Get Hit

Contracts betting on the Nasdaq 100 — a basket of major tech companies — fell roughly 2% before market open on July 17, 2026, per Reuters; Bloomberg said 2.2%. Chip stocks led the decline. The index had hit a one-month low the day before. South Korea fell too. The WSJ said investors worry the AI spending boom may be overdone.