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US stock futures took a breather on Friday, gearing up to end the latest turbulent week in what is shaping up to be a rocky month on Wall Street.
Nvidia stock jumped after the chipmaker reported its third quarter earnings on Wednesday, beating analysts' estimates on the top and bottom lines and offering a better-than-anticipated outlook.
The scene at the AI party right now is a confusing one.
Nvidia's earnings report on Wednesday could trigger a $320 billion swing in the chipmaker's market value - the largest post-earnings move ever for the AI giant - as investors seek signals about whether the artificial intelligence boom is accelerating or cooling.
AMD says it expects to see its data center revenue increase 60% over the next three to five years, up from $16 billion in 2025, as the company pushes deeper into the AI space and works to steal share from rival Nvidia.
US stock futures leaned lower on Tuesday amid a revival in AI worries, slipping back from a rally fueled by optimism that Washington may soon end the record-breaking government shutdown.