Watch out: These stocks are the most correlated to Nvidia as the earnings get set to hit the Street

The fortunes of certain stocks are very closely linked to Nvidia 's fate, a study of market correlations show. Here are the ones to watch. AI poster child Nvidia will report its fiscal second-quarter earnings after Wednesday's closing bell, and Wall Street is expecting another blowout quarter. LSEG consensus shows that analysts estimate Nvidia will earn an adjusted $1.01 per share on revenue of $46.02 billion, representing a revenue increase of 53% versus the same period a year ago. The chipmaker's revenue growth has been primarily driven by its data center business, which currently drives around 88% of its total sales. CNBC Pro screened for the names most correlated to Nvidia using financial AI tool Reflexivity: The top three consists of KLA Corporation , Lam Research and Applied Material