It has signaled it is willing to play ball with Trump's aggressive attempts to take stakes in major tech companies.

A wobble in U.S. technology shares has raised the stakes for Nvidia Corp's quarterly results on Wednesday, with earnings from the semiconductor giant posing a crucial test for the scorching AI trade.

Nvidia stock was falling early Friday. The chip maker looks to be facing serious obstacles to resuming sales of its artificial-intelligence processors in China. The shares were down 1% at $173.29 in premarket trading after rising 0.