Shares of Nvidia (NASDAQ: NVDA) are up 4.5% in Wednesday's after-hours trading as of 5:57 p.m. ET, following the artificial intelligence (AI) tech leader's release of its report for its third quarter of fiscal 2026 (ended Oct. 26, 2025).

AI pioneer Nvidia was again the heaviest weight on the market. The chipmaker's drop of 3.2% brought its loss for the month to nearly 11%, putting it in "correction" territory, or when a stock falls at least 10% from its previous high. The company is scheduled to report is third-quarter financial results on Wednesday.

Growing concerns about an artificial intelligence bubble have, in large part, caused the stock market’s recent bout of volatility. So the AI industry will face an enormous test when Nvidia, the world’s most valuable company and backbone of the AI boom,

Nvidia soothed investors worried about an AI bubble with record sales and robust guidance. "AI is going everywhere," CEO Jensen Huang said.

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

The seemingly sturdy U.S. stock market has begun to wobble. Its months'-long tech-driven rally may be running out of steam amid growing wariness about the artificial intelligence boom and broader uncertainty about the U.S. economy’s outlook.

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Wall Street strategist Julian Emanuel says investors are right to be worried about the high levels of debt building up among tech companies.

This article will be updated throughout the day, so check back often for more daily updates. The Vanguard S&P 500 ETF (NYSEMKT: VOO) lost nearly 1% on Monday, and as Tuesday dawns is continuing to slide,

All eyes are on Nvidia stock as the AI chipmaker prepares to release its fiscal third-quarter results and guidance after the market close.