Nvidia posted stronger-than-expected third-quarter earnings Wednesday, powered by ongoing demand for its legacy AI chips and new line of Blackwell processors. However, it issued a muted near-term revenue forecast that sent shares lower in after-hours trading.

Options traders are pricing in a $300 billion swing in Nvidia shares after the chip giant posts its results for the third quarter on Wednesday.

Nvidia (NVDA) will report its third quarter earnings after the bell today, giving Wall Street its best and latest look into the strength of the artificial intelligence trade. The world’s largest publicly traded company by market cap,

Nvidia Corporation's growth is slowing, with margin pressure ahead. Find out why NVDA stock may not be an ideal buy at this high valuation.

The company posted revenue of $35.08 billion for the quarter ending October 27, a staggering 94% increase from $18.12 billion in the same period last year.

Options traders price in Nvidia's quarterly results as a more pivotal event for the broader market than the upcoming interest rate decision or the monthly inflation and jobs reports.

Nvidia's recent Q3 report exceeded Wall Street's high expectations, yet the stock was down. Due to high demand for its Hopper and new Blackwell Superchips, Nvidia is raking in cash. Research suggests short-term dips are normal in a situation like this.

Nvidia shares declined following strong quarterly results as investors set a high bar for earnings. A lower gross margin and slowing growth also contributed to the fall. View on euronews