Nasdaq Futures Rebound 1.1% Early Tuesday as Chip Rally Offsets Iran Tensions

U.S. stock futures gained ground early Tuesday as semiconductor and AI infrastructure stocks rallied, offsetting escalating Middle East tensions. As of 4:00 a.m. ET, Nasdaq futures rose 1.1%, S&P 500 futures climbed 0.4%, and Russell 2000 futures advanced 0.7%, following Monday's geopolitical-driven selloff.

Nebius Group shares surged over 6% after Nvidia disclosed a 9.3% stake in an SEC filing, while Intel Corp rose 5% ahead of Thursday's earnings following layoff reports. Memory chip stocks including Micron and SanDisk rebounded over 2%, snapping a three-day decline. Tesla and Alphabet are set to report earnings later this week.