Nvidia's Forecast Calms AI Concerns Amid Global Trade Tensions

U.S. stock index futures rose as Nvidia's positive forecast eased AI demand concerns. The market reacted as investors assessed Trump's global trade threats. Nvidia saw modest gains, while other tech stocks fluctuated. Global trade policies and economic uncertainties continue to impact investor sentiment.

Nvidia's optimistic forecast offers a breather to AI demand concerns, causing U.S. stock index futures to rise on Thursday. While Nvidia saw minor gains in premarket trading, other tech companies like Broadcom and Advanced Micro Devices also advanced.

Analysts noted that Nvidia's earnings have surpassed expectations for the ninth consecutive quarter, yet market reactions remained subdued, underscoring challenges in the tech industry amid trade tensions and economic uncertainties. President Trump's recent threats of imposing enhanced tariffs on European goods added to the market's complexities.

Investors remain cautious about tech investments given the unpredictable global economic outlook. Meanwhile, U.S. policymakers continue to grapple with monetary policy decisions as fresh data on economic performance is anticipated.

(With inputs from agencies.)