Trump to announce investment in AI, energy, threatens 100% tariffs on Russia, food brands could be ripe for deals, and more news to start your day.

CNBC’s Deirdre Bosa joins 'Money Movers' to discuss Nvidia's win over China users and CEO Jensen Huang's Trump playbook.

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. United AirlinesUAL reported mixed results late Wednesday. NvidiaNVDA chipmaker Taiwan SemiconductorTSM headline earnings early Thursday with NetflixNFLX due after the close.

The U.S. President was now reportedly seeking “quick wins” with China, rather than addressing the substantial trade deficits between the two countries.

Nvidia has profited enormously from rapid adoption of AI, but the trade rivalry between the U.S. and China has been weighing heavily on the industry.

The tech giants said they can resume selling high-end semiconductors to China, in what appears to be a major about-face for the Trump administration.

Donald Trump’s decision to let Nvidia sell powerful artificial intelligence (AI) microchips to China has sparked fears that the technology could be used to boost Beijing’s military. Charles Parton, from the think tank Rusi, said there would “inevitably” be sales of semiconductors “which have the possibility of military use”.

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