Nvidia was edging down early on Tuesday as the market assessed the chip maker’s chances of being able to resume sales in China. Nvidia shares were down 0.2% at $177.41 premarket trading. The stock was broadly flat on Monday. Among other chip makers, Advanced Micro Devices was rising 0.5% and Broadcom was gaining 1.1% in premarket trading.

U.S. stocks ended higher on Monday to kick off the week, after U.S. and Chinese officials said they have reached a "framework" agreement to shift TikTok to U.S.-controlled ownership, with the deal set to be confirmed during a Friday call between U.