Futures Rise As Dip Buyers Rush Back Into Chips After Worst Nasdaq Week Since Liberation Day

US futures are higher – but well off session highs hit before the European open – as dip buyers storm back into chipmakers after the Nasdaq’s worst week since the April 2025 tariff turmoil, while oil slides after President Trump waived Russian sanctions to seal a diesel deal and Energy Secretary Chris Wright said Persian Gulf flows have recovered to about 80% of pre-conflict levels; as a result Nasdaq futures are up more than 1% and the Philly semis index is set to snap its longest losing streak in 18 years, even as Europe slides on a weekend of riots…