Nvidia shares have plunged more than 12% since hitting a peak four weeks ago amid concerns over a bubble in artificial intelligence counter. (Image: Nvidia/ X profile) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Nvidia Corp. share price traded 3.5% higher during early trading hours on Wall Street on Wednesday, hours before the world's most valuable company declares its third quarter results. The market cap stands at $4.4 trillion.

The tech-heavy Nasdaq Composite rose 1.5% and the US benchmark S&P 500 gained 1%.

Analysts expect the company to show more than 50% growth in both net income and revenue in its fiscal third quarter.

Nvidia shares have plunged more than 12% since hitting a peak four weeks ago amid concerns over a bubble in artificial intelligence counter. D

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