US Stock Futures Rise as Nvidia Gains on China Chip Report

Nvidia shares led technology names with a 2 percent advance in pre-market trading. The chipmaker's chief executive told reporters that recent meetings in China went excellently. Bloomberg separately reported that the U.S. had approved roughly 10 Chinese companies to buy H200 chips.

Systems shares surged 17 percent after the company posted earnings and revenue that topped Wall Street expectations and issued stronger-than-expected guidance. The networking giant highlighted surging orders for AI infrastructure even as it announced job cuts.

Boeing shares rose 1.4 percent after Bessent commented that he expects large orders for the plane maker as part of broader trade discussions with China. The remark underscored ongoing efforts to balance technology restrictions with traditional export opportunities.

Whirlpool shares fell 1.5 percent after Goldman Sachs downgraded the appliance maker. The messages listed a pre-order window of May 18 to May 21, raising expectations that a new trailer could arrive soon. Fiserv shares advanced 2 percent after the payments processor said it would develop first-party agents with OpenAI on the Agentos platform.

Klarna shares jumped 11.5 percent after the buy-now-pay-later firm reported revenue and gross merchandise volume that exceeded forecasts. Goldman Sachs analysts noted that FOMO has proven a stronger incentive than poor stock performance for some investors, helping to explain selective buying even in names that have lagged.

“FOMO has proven a stronger incentive than poor stock performance." — Goldman Sachs analysts, May 2026. The combination of positive China-related headlines for select technology names and varied corporate results produced a mixed but generally constructive tone in early trading. Market participants continue to monitor developments around U.S. export licensing policy for advanced chips, which remains fluid.”