In Europe, shares also fell sharply as the pan-European\u00a0Stoxx 600<\/a>\u00a0shed 1.2% in early trading.<\/p>\n The Stoxx 600 Technology index led regional losses, with a decline of 3.2%. Chipmaker STMicroelectronics<\/a> and Dutch semiconductor equipment maker ASMI<\/a> were both down more than 7%, putting them among the biggest downward movers on the Stoxx 600.<\/p>\n Meanwhile, futures<\/a> tied to New York’s Nasdaq 100<\/a> index \u2014 home to Nvidia<\/a>, Apple<\/a>, Alphabet<\/a> and Microsoft<\/a> \u2014 lost 2.7% ahead of Tuesday’s regular trading session. <\/p>\n In pre-market trading on Wall Street, the iShares Semiconductor ETF<\/a> was down 5.9%, with individual chip stocks notching big losses. Intel<\/a> was last seen trading 7.8% lower, while Micron<\/a> lost 8.4% and AMD<\/a> was down by 6%. Chipmaking giant Nvidia<\/a> was 3% lower.<\/p>\n SpaceX<\/a> shares also extended its sell-off, moving 3.6% lower in pre-market trading after falling<\/a> 16% during Monday’s regular session.<\/p>\n A pullback in the wider tech sector dragged both the S&P 500<\/a> and the Nasdaq Composite<\/a> lower on Monday, with investors rotating out of the so-called “Magnificent Seven” stocks. Amazon<\/a> and Meta<\/a>‘s sharp declines extended into pre-market trading on Tuesday, with the stock shedding 1% and 0.7%, respectively. <\/p>\n This is a developing story, please refresh for updates.<\/p>\n![\"Global](\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/06\/108325263-17822021931782202189-46719372387-1080pnbcnews.jpg\")
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