The noted investor's latest move looks like an endorsement of the huge spending on AI infrastructure by tech giants.

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

Nvidia is on track to add about $243 billion to its market cap, which is more than entire valuation of companies such as PepsiCo, and Goldman Sachs, if gains hold, with shares up 5% at $196.53 in premarket trading.

Computer chip maker Nvidia is at the head of the artificial intelligence revolution. Its results could determine where markets — and the economy — go next.

WSJ Heard on the Street Writer Asa Fitch explains how Nvidia’s recent earnings report may have helped allay concerns about a bubble in AI and tech stocks – at least, for now.

Nvidia may be the most popular chip stock right now, but smart investors are beginning to look for growth elsewhere.

Wall Street will get a sense of where the billions of dollars being spent on artificial intelligence are going when Nvidia Corp. reports its earnings after the bell on Wednesday. How the sinking stock market will react is another question.

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.