Nasdaq-100 futures are indicating a sharply lower open, driven by a broad sell-off in the technology sector, particularly among semiconductor and AI-related stocks. This follows overnight weakness in Asian markets and a slump in U.S. tech shares. The negative sentiment is partly attributed to a pessimistic outlook from Taiwan Semiconductor regarding capital expenditures, which has weighed on the entire chip sector. Additionally, disappointing earnings from Netflix, which saw its shares fall significantly, are contributing to the downturn in growth-oriented stocks.