Remember, Nvidia now accounts for about 7.4% of the S&P 500. Options data implies a 7% move for the stock this afternoon, which would be a roughly $320 billion swing in market cap. Whether the stock rises or falls on earnings results, the entire index will rattle.

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

Nvidia will report Q3 earnings after the closing bell Wednesday. NVDA stock is up 37% in 2025. The company will hold its analyst call at 5 p.m. ET.

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

Liz Ann Sonders explains why retail investors don't 'have to' own Nvidia stock. In terms of best price performance, NVDA shares rank 66 only.

At Monday's closing bell, the blue-chip Dow Jones Industrial Average was down 1.2% at 46,590, the broad-based S&P 500 had fallen 0.9% to 6,672, and the tech-heavy Nasdaq Composite was off 0.8% at 22,708.

Nvidia's upcoming earnings report is expected to trigger a $320 billion market value shift, with options predicting a 7% swing. As investors await results, the implications for AI technology and broader market trends are significant.

Wall Street shares have seen big swings this week as investors brace for all-important earnings from AI bellwether