Key Takeaways Nvidia is set to deliver its highly anticipated earnings after the closing bell Wednesday.Analysts are overwhelmingly bullish on the chipmaker's stock, with multiple firms raising their price targets ahead of the report.

Goldman Sachs said Nvidia has another trick up its sleeve to drive its stock price higher going forward: a massive stock buyback program.

Nvidia reported fiscal third-quarter earnings after Wednesday's closing bell. MarketWatch will be breaking down the results.