Wall Street futures were flat-to-slightly-higher on Monday as investors geared up for a busy week, while major chip companies fell on the eve of a key tariff deadline with China following the latest twist in U.

The arrangement is highly unusual as U.S. tech export controls are usually based on national security imperatives rather than whether they can raise funds for Washington.

Revenue-sharing deal between Nvidia, AMD and U.S. government covers AI chip sales to China, a key market worth billions for both companies.