All eyes are on Nvidia 's third-quarter earnings results on Wednesday, Nov. 19 - a barometer for the AI-frenzy that pushed markets to record highs this year, yet causing concerns on Wall Street as a possible bubble.
The AI chip giant's valuation currently sits at around $4.6 trillion, down from earlier levels due to concerns about its artificial intelligence business. Nvidia's shares were down more than 3% in early trading on Tuesday, Nov. 18.
At least three prominent investors have liquidated their stakes in Nvidia, fueling fear among investors. A filing with the Securities and Exchange Commission this week showed that billionaire Peter Thiel sold his entire stake in Nvidia , worth about $100 million.
SoftBank also recently said it had sold all of its Nvidia shares for $5.8 billion

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