Tokyo shares ended lower Wednesday, extending a four-day losing streak as weak semiconductor stocks weighed on the market ahead of U.S. chip giant Nvidia's earnings report.

US stock futures edged lower Wednesday morning following another tech-led selloff, as investors awaited a closely watched earnings report from Nvidia (NVDA), which could influence the next phase of the AI-driven market rally.

Nvidia’s upcoming earnings report on Wednesday could spark an unprecedented $320 billion shift in the chipmaker’s market value, marking the largest post-earnings move in the company’s history, as investors look for clues on whether the artificial intelligence boom is continuing or slowing down, News.Az reports, citing Reuters.

U.S. stock futures edged higher on Monday, led by gains in technology shares, as investors attempted to reignite a rally dampened by uncertainty over potential Federal Reserve interest-rate cuts.

Intel shares surged nearly 10% in Frankfurt on Friday following the company’s third-quarter profit report, which exceeded analysts’ expectations, fueled by significant cost-cutting measures.

U.S. stock futures showed little movement as investors awaited earnings from semiconductor giant Nvidia after market close.