U.S. pre-market stock futures saw declines with Dow Jones, S&P 500, and Nasdaq-100 futures falling 0.25%, 0.31%, and 0.49% respectively. Meanwhile, oil prices rose as WTI crude increased 2.50% to $100.71 per barrel and Brent crude climbed 1.87% to $106.98 per barrel.
In corporate news, NVIDIA announced plans to begin production of its next-generation AI system, Vera Rubin, later this year. AMD revealed it will start mass production of its next-gen EPYC processors using TSMC's 2-nanometer technology, aiming to expand its data center CPU roadmap with this advanced process.
Additionally, NIO's stock surged over 6% in pre-market trading following a report of an operating profit of RMB 66.8 million in Q1, marking its second consecutive profitable quarter.
U.S. Stock Futures Dip, Oil Prices Climb; NVIDIA and AMD Unveil AI and Chip Plans
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