Intel (INTC.O) shares fell sharply on Friday, adding to the pressure on the Nasdaq Composite as the tech-heavy index extended its recent decline.
The chipmaker's latest financial results failed to provide a counterweight to the broad-based selling that has gripped US equities, with investors remaining cautious ahead of the weekend.
The Nasdaq Composite led the decline in US markets, continuing a trend of weakness that has seen technology stocks underperform.
The selling pressure was particularly acute in the sector, as traders digested Intel's performance against a backdrop of heightened risk aversion.
The index's drop reflects a broader loss of confidence in growth stocks, exacerbated by ongoing uncertainty.
This move follows a period of sustained volatility for global equities.