SPRX is trading 1.8% lower in pre-market sessions, tracking a broader decline in technology shares following a sharp overnight selloff in Asian markets.
- South Korea’s Kospi index plunged over 7%, led by major chipmakers amid growing concerns regarding memory-chip pricing and potential AI overinvestment.
- U.S. Nasdaq futures are also trending lower as investors remain cautious ahead of key employment data and updated interest rate expectations.