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Technology Sector Posts Weakness Ahead of Market Open
Pre-market trading revealed a soft sentiment across the tech sector on Wednesday, with major semiconductor and software players posting notable losses before the regular session kicked off.
Nvidia, the chipmaker that has dominated AI-related momentum, slipped 1.2% in pre-market action, while Intel faced steeper headwinds with a 2% retreat. Cloud and enterprise software names also felt pressure, as Oracle dropped 1.7% and Google C-class shares weakened by 0.95% during the overnight session.
The across-the-board decline in pre-market trading suggests investors may be reassessing positions ahead of the broader market open. These moves in early trading often signal the tone for the regular session, particularly when heavyweight stocks like Nvidia and Intel move in sync. Traders monitoring the tech sector will be watching whether this morning weakness extends into the full trading day.