(AP)– U.S. stocks were mixed in early trading Wednesday ahead of a highly anticipated earnings update from computer chip giant Nvidia that may provide insights into the current state and future of artificial intelligence.

The S&P 500 was up less than 0.1%. The benchmark index remains near its record high set earlier this month. The Dow Jones Industrial Average rose 87 points, or 0.2%, as of 9:56 a.m. Eastern time. The Nasdaq composite was down 0.2%.

Investors see Nvidia’s quarterly report, coming after the bell, as a barometer for the strength of the boom in artificial intelligence because the company makes most of the chips that power the technology. Its heavy weighting also gives Nvidia outsized influence as a bellwether for the broader market. Its shares were down 1.1%.

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