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

Nvidia shares rose about 5% in off-hours trading following the AI chipmaker's earnings on Wednesday. + That would be well above the average price gain for the past eight quarters on the trading day after earnings,

Nvidia's Q3 earnings report states that all Nvidia AI cloud GPUs are sold out. In today's video, I discuss recent updates affecting Nvidia ( NVDA 1.06%) and other artificial intelligence stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below.

Mizuho's Vijay Rakesh boosted his Nvidia price target to $245 from $235, with the new target 31% higher than current levels. Not only is Nvidia "the clear AI leader," but it's also growing quite quickly for its size.

Not as expensive as it used to be, based on one widely watched valuation measure—the price-earnings ratio. While Nvidia's stock price has soared, its earnings power has risen even quicker, pushing down the PE ratio.

Two key reasons for Thursday's market reversal were increased concern that the Federal Reserve would not cut interest rates in December and jitters about an AI bubble not fully extinguished by Nvidia's earnings report.

Nvidia surrendered early gains of nearly 5 per cent despite beating Wall Street expectations on both revenue and earnings and issuing strong fourth-quarter guidance. The stock closed more than 3 per cent lower and hit one-month lows,

After soaring 5% on stellar results for the third quarter of Fiscal 2026 and solid guidance, Nvidia ($NVDA) stock reversed the gains and ended