US Stock Futures Slip After Tech Rally, SK Hynix Starts Trading

US equity futures declined on Friday as investors processed the record US listing of South Korea's SK Hynix Inc. The memory semiconductor giant, a Samsung rival, entered the US market amid soaring demand driven by the AI infrastructure boom and memory shortages. This debut follows other 2026 AI-related IPOs like SpaceX and Cerebras Systems. Market participants are now shifting focus toward the upcoming second-quarter earnings season following the highly anticipated public offering of the firm.