US PRE-MARKET MOVERS: QCOM, ARM, COHR, SONY, MU, NVDA, SNAP, APP, TPR, ROK, CI, AMCR, Z, IREN

ES +0.1% NQ -0.9% RTY +0.1% NCLD -3.2% DRAM -6% SOXX -3.8% QCOM -10.5%: Weak smartphone chip sales, driven by sluggish handset demand ARM -6.7%: Royalty rev. light, partly pressured by memory-related smartphone market weakness COHR -3.7%: Quarterly profit missed SONY +5.5%: Results impressed & lifted FY op. profit view MU -4.7%: Suspended construction of planned $4.5bln memory chip facility in Taoyuan, Taiwan NVDA -1.8%: C. 600k H200 AI chips accumulated in Hong Kong await shipment to mainland China SNAP -10.5%: Rev. & DAUs missed APP +22.8%: Headline metrics topped as did next Q guidance & expanded share buyback prog. TPR +13.8%: EPS, rev. & op. income beat ROK -7.5%: Top line fell short of Wall St. exp. CI +3%: Strong Q metrics & FY EPS view AMCR -9%: Profit light & cut FY outlook Z -7%: Headline metrics short & CEO noted one of the most challenging housing environments in a generation MSFT spent $5bln less on Q3 capex than projected due to delays in 3rd party data centre capacity, incl. facilities operated by IREN -4.7% MSFT will reportedly not expand Texas data center deal with UK's Nscale