SMH is trading at $622.00, with a -1.66% move in pre-market as chip shares pause after a sharp early-October rally.

  • Several major semiconductor names are slipping pre-market; Nvidia was an exception in the reported moves, pointing to a sector pause rather than a single-company shock.
  • U.S. futures are lower as investors await the 2:00 p.m. FOMC minutes for clues on rates.