25.02.202612:04:49UTC+00US Futures Rise Ahead of Nvidida

US equity futures rose on Wednesday ahead of Nvidia’s earnings report, which investors expect to offer new insight into the durability of demand for artificial intelligence. Futures on the S&P 500, Dow, and Nasdaq 100 were each up about 0.4%. Nvidia gained 1% in premarket trading, extending the rally in chipmakers as its earnings growth is forecast to accelerate, reinforcing its role as a barometer for robust order activity across the sector.

AMD climbed 1% premarket, building on Tuesday’s 9% surge after Meta announced a multiyear agreement to deploy 6 gigawatts of AMD GPUs across its AI-focused data centers. Software stocks also joined the advance, with Salesforce and IBM holding gains as investors reassessed earlier skepticism about the resilience of legacy service-based business models.

Meanwhile, former President Trump’s remarks ahead of the State of the Union address did not indicate that broad-based tariff increases on all trading partners would be a near-term priority, following the Supreme Court’s decision to strike down the use of IEEPA measures in this context.