Stock market today: US futures retreat as focus turns to labor data

Nvidia continues to struggle after a disappointing earnings report, prompting concerns about the AI sector's growth potential and profitability. Ongoing questions about customer ROI in AI investments compound these challenges. This suggests a bearish outlook for Nvidia in the near term.

Broadcom's share performance appears to be affected by Nvidia's struggles and a broader sell-off within the semiconductor sector. Given the overall negative sentiment surrounding tech stocks, it is predicted that Broadcom may also face downward pressure in the upcoming weeks.

Qualcomm's position in the chip market is weakening with overall sector declines. The stock is expected to be negatively impacted as the market continues to grapple with uncertainties in tech investments.

Taiwan Semiconductor Manufacturing Company, being a critical player in the semiconductors sector, is likely to experience negative pressures similar to its peers due to the overall sentiment in the technology market and specific issues affecting Nvidia.