Futures tracking US equity indices were mixed on Tuesday as chip producers extended their selloff, contrasting with relief on other sectors from lower Treasury yields. Contracts for the S&P 500 were flat, while those for the Nasdaq 100 dropped 1% and those for the Dow gained 350 points. Concerns that spending on AI infrastructure by hyperscalers is due to slow grappled compute and memory producers, with Micron, Sandisk dropping more than 7%. The sector was also punished by optimism on Chinese competitors following the strong CXMT IPO in Shanghai. Nvidia fell 1.5% and AMD lost around 5%. On the other hand, software-facing and non-tech shares were mostly higher. Credit costs extended their pullback, tracking lower energy pries as US officials signaled willingness for diplomacy with Iran. JPMorgan was higher to set the pace for the banks, while Visa gained 1% ahead of its earning release after the close. Also, Coca Cola gained 3% premarket after boosting its outlook.