Nvidia will release its third-quarter earnings report following the market close.

• Nvidia reports fiscal third-quarter earnings Wednesday after the market closes.

reports fiscal third-quarter earnings Wednesday after the market closes.

Here's what Wall Street is looking for, per LSEG consensus estimates:

• Revenue: $33.16 billion
• Earnings per share: 75 cents, adjusted

The chipmaker's growth prospects in the current quarter are more crucial than its financial results. Investors are eager to see if Nvidia can maintain its rapid expansion, even as the AI market enters its third year. Wall Street anticipates Nvidia to predict 82 cents per share on $37.08 billion in sales.

The majority of future growth will stem from Blackwell, the next-generation AI chip for data centers that is currently being shipped to customers.

Jensen Huang, CEO of Blackwell, will be closely listened to by analysts for insights on the demand for Blackwell. Additionally, the company may address reports of overheating issues with systems based on Blackwell chips.

During the January quarter, Nvidia anticipates Blackwell sales to be in the "several billion" range.

Nvidia stock has nearly tripled since the start of 2024.

Although the company experienced a 122% increase in sales in the most recent quarter, this was a decrease from the 262% year-over-year growth reported in the April quarter and the 265% growth seen in the January quarter.