American chip giant Nvidia ($NVDA) is set to release its third-quarter fiscal 2026 results after the market closes on Wednesday, November 19.

Stocks closed mostly higher on Wednesday as Wall Street recovered some ground from tech-led sell-off, as investors awaited earnings from Nvidia to set the tone for the next leg of

Nvidia reported quarterly results that handily topped Wall Street expectations, sending the stock sharply higher in after-hours trading.

What Happened? Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 1.7% in the afternoon session after investor optimism grew ahead of its fiscal third-quarter earnings report, bolstered by a major new partnership with Microsoft and AI firm Anthropic.

Nvidia (NVDA) reported its third quarter earnings on Wednesday, beating analysts' estimates on the top and bottom lines and offering a better than anticipated outlook. For the fourth quarter Nvidia projects revenue of $65 billion plus or minus 2%.

Peter Thiel's hedge fund sold its entire $100 million Nvidia stake in Q3 while analysts maintain bullish forecasts ahead of Wednesday's earnings.

Chipmakers including Nvidia and Intel are down along with much of the stock market Tuesday, as fears of an AI bubble grow.