During the Wednesday overnight trading session, Dow Futures fell 0.34%, S&P 500 Futures fell 0.44%, Nasdaq Futures fell 0.82%, as sentiment turned cautious amid tech weakness.

Arista Networks climbed 7.49%. Shares advanced after a Q3 beat and stronger Q4 guidance, with revenue up 58.5% year over year.

SUPER MICRO COMPUTER INC (SMCI) rose 5%. The company posted better-than-expected results and lifted sales guidance.

Advanced Micro Devices (AMD) gained 3.91%. Results and outlook topped expectations, with management highlighting accelerating AI data-center momentum.

Marvell Technology (MRVL) fell 3.76%. Bank of America said its Lumentum acquisition could push customers like Cisco and Ciena to diversify suppliers.

Tesla Motors slipped 3%. A consumer group in South Korea alleged the company misled buyers by selling driver software most cars cannot legally use.

Big tech stocks fell, with Amazon.com falling 1.63%, Microsoft falling 1.55%, NVIDIA falling 1.4%, Alphabet falling 1.29%, Apple falling 1.16%, Meta Platforms falling 1.11%.

Chip stocks fell, with KLA Corporation falling 3.33%, Applied Materials (AMAT) falling 3.05%, Lam Research falling 3.03%, United Microelectronics (UMC) falling 2.74%, Qualcomm falling 2.66%.

Software stocks fell, with Palantir falling 3.11%, Oracle falling 2.92%, CrowdStrike Holdings, Inc. (CRWD) falling 2.48%, Snowflake falling 2.31%.

Among other individual movers, First Solar rose 2.71%, Enphase Energy climbed 2.43%, Trump Media & Technology (DJT) tumbled 6.22%, IONQ Inc. fell 3.17%, Rigetti Computing (RGTI) dropped 2.84%, Rocket Lab USA, Inc. (RKLB) declined 2.37%, Citigroup slipped 2.21%.