Stock futures dipped Wednesday as Wall Street assessed the impact of tariffs on U.S. inflation and awaited earnings reports from more of the biggest U.S. banks.

These stocks were poised to make moves Wednesday:

Nvidia was down 0.8% in premarket trading after rising 4% on Tuesday to a record high of $170.70. The maker of artificial-intelligence chips received assurances from the U.S. government that it would approve the company's license applications to sell the H20 AI chip to China. Nvidia has gained 27% this year, according to Dow Jones Market Data.

Advanced Micro Devices, meanwhile, fell 1.4% in the premarket session. The chip maker rose 6.4% on Tuesday to $155.61, the stock's highest close since Oct. 29, 2024, after receiving approval to resume shipments of MI308 chips to China. Shares of AMD have risen 29% in 2025.

ASML tumbled 8.3% after the Dutch chip equipment manufacturer said it couldn't guarantee growth in 2026 because of uncertainty over tariffs. "We continue to see increasing uncertainty driven by macroeconomic and geopolitical developments," Chief Executive Christophe Fouquet said. "Therefore, while we still prepare for growth in 2026, we cannot confirm it at this stage." ASML's warning came as the company reported second-quarter earnings, including orders of EUR5.54 billion ($6.44 billion) for its chip-making machines, down slightly from a year earlier but ahead of analysts' targets.

Crypto stocks jumped in premarket trading after Trump said key House members pledge to back GENIUS Act vote Wednesday. GAMESQUARE HLDGS INC rose 36%; BitMine Immersion Technologies Inc. rose 25%; BTCS Inc. rose 19%; SharpLink Gaming rose 13%; Upexi, Inc. rose 10%; BTC Digital rose 12%; Bit Digital, Inc. rose 6%.

Global Payments rose 6.8% in premarket trading following a report from the Financial Times that said hedge fund Elliott Management has established a large stake in the payments processing company. The size of Elliot's stake couldn't be determined, the report said. The stock has declined 31% this year. It reached a deal in April to acquire rival Worldpay for $24.25 billion.

Brighthouse Financial Inc jumped 12% after The Wall Street Journal reported investment firm Aquarian Holdings was in exclusive talks to acquire the U.S. life insurance company. A deal could be completed in the coming weeks, the Journal reported, citing people familiar with the matter.

Earnings reports are expected Wednesday from Bank of America, Johnson & Johnson, Morgan Stanley, Goldman Sachs, United Airlines, Progressive, PNC Financial Services Group Inc, and Alcoa.

Goldman Sachs was down slightly in premarket trading. The investment bank is scheduled to report second-quarter earnings before trading begins Wednesday. Analysts expect Goldman Sachs to post quarterly profit of $9.65 a share, up from $8.62 a year earlier, on 6% revenue growth to $13.51 billion.

Johnson & Johnson was up 0.3% ahead of second-quarter earnings from the drug and medical device maker.