Nvidia (NVDA) stock rose nearly 4🧔% on Wednesday ahead of the release of the AI chip giant’s hotly anticipated fourth-quarter earnings report after the closing bell.

Nvidia holds the record for both the largest one-day increase and decrease in market value, and options traders on Wednesday were positioning themselves for another sizable move in the stock i✃n the comi꧙ng days. 

Nvidia options pricing on Wednesday afternoon suggested traders expected shares to move roughly $10, or about 8%, in either direction during the two days after Wednesday’s earnings. That would be the stock's largest post-earnings move since May when shares gained more than 12% in the two days after Nvidia 澳洲幸运5官方开奖结果体彩网:blew past earnings expectations. 

Nvidia shares fell 1.5% in extended trading Wednesday despite 澳洲幸运5官方开奖结果体彩网:better-than-expected results on both the top and bottom lines amid booming demand for ꦆAI.

Nvidia stock retreated after each of its two most recent reports. Shares lost more than 4% in the days after its 澳洲幸运5官方开奖结果体彩网:August report and almost 3% after its 澳洲幸运5官方开奖结果体彩网:November earnings. The company’s results also exceeded expectations in both of those inst♚ances, but disappointed investors who may have beeܫn looking for even larger beats. 

Nvidia’s earnings arrived during 澳洲幸运5官方开奖结果体彩网:a difficult stretch for stocks. The S&P 500 and Nasdaq Composite had fallen in four consecutive sessions before closing slightly higher on Wednesday. The Magnificent Seven stocks, which have accounted for a large share of the stock market’s gains over the last two years, were 澳洲幸运5官方开奖结果体彩网:trading in correction territory on Wednesday. 

Big tech stocks have been weighed down by substantial political and economic uncertainty of late. Chinese start-up DeepSeek prompted a reckoning with Silicon Valley’s AI strategy late last month, and tech stocks have struggled to shake off 澳洲幸运5官方开奖结果体彩网:concerns about overspending. At the same time, the economic outlook has been muddled in the last month by signs of 澳洲幸运5官方开奖结果体彩网:stubborn inflation and the Trump administration’s 澳洲幸运5官方开奖结果体彩网:ever-changing tariff plans. 

Eve🎉n with its gain during regular trading hours Wednesday, Nvidia stock has lost 12% of its value since closing at an all-time high in early J💖anuary. Shares remain up 66% over the past 12 months.

UPDATE: This article has been updated with the latest stock market prices and information about Nvidia's earnings report.