Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. Nvidia chipmaker Taiwan Semiconductor reports early Thursday, with huge implications for the chip sector.
Cadence Design Systems on Wednesday introduced the latest version of supercomputer based around a custom computing chip designed to speed up the creation of other computing chips and the software that will run on them. Cadence makes software that Nvidia, Apple and many other companies use to design chips with billions of transistors, the tiny on-off switches that make computers work. Companies like Nvidia, whose software offerings are as important to its overall business as its chips, do not want to wait that long to start writing code for the chips.
Big Tech earnings are coming up, and Wall Street wants to know how companies are making money on their massive AI investments.