Nvidia Earnings Spark Market Jitters Amid AI Growth Concerns

US stock futures dipped as Nvidia's mixed earnings report rattled investors. While the chipmaker surpassed top and bottom-line expectations, weaker-than-anticipated data sales revenue cast doubt on the sustainability of the AI boom. The Dow Jones Industrial Average futures ROSE 0.3%, but S&P 500 and Nasdaq 100 futures fell 0.3% and 0.5%, respectively.

Nvidia CEO Jensen Huang highlighted "extraordinary" demand for Blackwell AI chips and identified China as a $50 billion opportunity. The company navigates evolving US regulations on chip sales to China, with recent discussions about paying a 15% cut of sales to the US government.

Elsewhere, Snowflake surged on strong earnings tied to AI investments, while CrowdStrike shares declined. HP Inc. stabilized after initial volatility as markets assessed tariff impacts.