For the first time since 2022, Nvidia stock has fallen in the weeks leading up to the chip maker's earnings. Since the end of the last calendar quarter, Dec. 31, Nvidia stock has dropped 5.7%. That includes a 2.

Rumors of Nvidia's demise were greatly exaggerated. The AI chip king posted impressive results Wednesday night, and its overall growth prospects look as promising as ever. The stock’s 8.5% decline after earnings makes the opportunity all the more compelling for investors.

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,