Nasdaq 100 futures fall 1.1% as chip stocks slide and OpenAI IPO delay weighs on sentiment

A reported delay of OpenAI’s IPO until 2027 and Apple’s price increases tied to memory chip shortages helped trigger a global selloff in semiconductor shares. Nasdaq 100 futures fell 1.1% and S&P 500 futures dropped 0.4% as of 8:00 a.m. ET. In South Korea, Samsung Electronics and SK Hynix hit circuit breakers amid heavy losses.