US markets fell on Thursday as a selloff in semiconductor firms offset positive economic indicators and corporate results. Despite the Nasdaq's 1.47% drop, analysts noted that several non-tech sectors continue to perform well.

Samsung shares slumped following record quarterly earnings, sparking a wider sell-off across global AI-related semiconductor and memory chip stocks.

South Korean memory giant SK Hynix is poised for a major Nasdaq debut as its share offering draws strong institutional interest despite recent sector volatility.

US markets face a cautious start to the third quarter as tech-sector weakness and lower-than-expected private payroll data spark investor concern. Traders are now monitoring upcoming labor reports to gauge the Federal Reserve's future interest rate decisions.