President Trump's support for AI boosts Nvidia's position, with Project Stargate driving growth in data centers and the Blackwell chip powering next-gen AI. Read more here.
Broadcom created a lot of hype with its comments on its AI addressable market, which have powered its stock price in December. Meanwhile, Nvidia's stock struggled to close out the year.
S&P 500 and Nasdaq futures are also falling in premarket trading Thursday. The Dow is flat as the stock market digests latest comments from President Donald Trump.