Wall Street is heading downwards in early trading, with chip manufacturer Nvidia as a drag.
The broad S&P500 index is down 0.4 percent after an hour of trading, and the Nasdaq composite index has fallen over 1 percent.
The Nvidia share is falling by over 3 percent despite Wednesday's quarterly report. There, the company reports a higher profit and sales than expected and also presents a forecast that exceeds the average for the fourth quarter.
Technology giants such as Apple, Meta, Microsoft, and Alphabet are also falling in early trading.
Other chip manufacturers and AI-related shares are falling: AMD down 1.7 percent, TSMC falling 1.4 percent. On the other hand, Super Micro Computer has risen by over 5.0 percent.
