Nvidia, AMD, and Intel Fall in Premarket as Asian Chip Stocks Slide

Nvidia, AMD and Intel faced renewed selling pressure in US premarket trading Tuesday, threatening to erase a one-day chip sector recovery, as Asian semiconductor stocks tumbled and Brent oil climbed above $110 per barrel. Investors remain concerned that AI infrastructure customers may not generate returns exceeding financing costs, despite continued belief in AI's computing demands. South Korea's KOSPI fell 3.7%, led by Samsung and SK Hynix, while AI firm Elice plunged 30% on debut. Rising interest rates could force debt-heavy cloud providers to delay projects, with TS Lombard warning AI ecosystem debt might reach $2 trillion by 2027. Meta's earnings Wednesday will test whether major tech firms sustain AI spending, with Intel reporting October 29.