# Tech led by chipmakers rebounds in US futures, with Nvidia and Micron up premarket.

*semiconductor · news · 2026-05-13 · CNBC TV18*

## Key points

- Nvidia CEO Jensen Huang unexpectedly joined Trump's trade and AI summit delegation in China.
- Micron Technology surged more than 5% premarket, leading a sharp rebound in chip stocks.
- April PPI data, expected to show 0.5% wholesale inflation, is seen as key for market direction.
- Alibaba's shares were volatile premarket after its results, initially dropping due to high AI spending.

**Companies:** Nvidia, Apple, Tesla, Cisco, Alibaba, Micron Technology
**Countries:** United States, China

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/chip-rally-lifts-nasdaq-futures-dow-slips-as-markets-brace-for-ppi-print-ws-l-19905064.htm)

---

Canonical: https://newsio.io/n/b1d872db-e6ab-4e77-90ce-28fcd5a96de3/tech-led-by-chipmakers-rebounds-in-us-futures-with-nvidia-and-micron-up-premarke
Summarized by Newsio from CNBC TV18. https://newsio.io/how-it-works