Traders work at the New York Stock Exchange on May 7, 2026. NYSE S&P 500 and Nasdaq-100 futures rose Wednesday, led by gains in chipmaker names, while traders looked ahead to the release of another major inflation report. Futures tied to the S&P 500 were up 0.2%, while Nasdaq-100 futures popped 0.8%. Dow Jones Industrial Average futures shed 115 points, or 0.2%. Nvidia shares traded higher by more than 2% in the premarket. AMD also climbed 2% while Micron gained nearly 6%. The VanEck Semiconductor ETF (SMH) advanced 2.2%. The move comes after Nvidia CEO Jensen Huang joined President Donald Trump on his trip to China to meet Chinese President Xi Jinping. "His last-minute addition to Trump's China trip has reignited investor interest in tech stocks following the Tues slump amid hope for an H200 breakthrough," wrote Adam Crisafulli of Vital Knowledge.…