This week belongs to Nvidia and its CEO Jensen Huang.

Not to Donald Trump. Not to any of his cabinet nominees. Not to the incoming Republican majorities in the U.S. Senate or the House of Representatives.

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Nor Federal Reserve Chairman Jerome Powell, who said Thursday, "The economy is not sending any signals that we need to be in a hurry to lower rates."

Which caused stocks to fall on Thursday and Friday.

Nope, the week belongs to Jensen Huang and Nvidia NVDA, which is expected to report 74 cents a share in earnings on Wednesday, up 85% from a year ago, according to Zacks.  Zacks sees revenue jumping 81.1% from a year ago to $32.8 billion.

Think about the size of the sales growth. Then, think about the profit growth.

Related: Nvidia earnings on deck as AI kingpin tightens grip against rivals

Nvidia basically owns the market for very high-end chips and related equipment critical to the workings of artificial intelligence. Its H100, H200, and upcoming Blackwell chips are faster and more efficient than traditional CPUs commonly found in data centers.

The shares are up 186.7% this year. Nvidia may have fallen 3% on Friday, but its market cap was $3.483 trillion at the end of the day.

That's still bigger than the market cap of mighty Apple  (AAPL) , which was at $3.40 trillion.

As of Friday, Apple shares were up only 16.9% for the year, the second-worst performance among shares in the so-called Magnificent 7 group stocks. This was just ahead of Microsoft  (MSFT) , which was up 10.4% this year.

So, yes, attention will be paid to Nvidia this week.

Very big companies report earnings this week

The week is not the biggest of the year, but it includes some monster stocks:

Here's a quick rundown.

Tuesday Walmart  (WMT) , which reports earnings on Tuesday morning before U.S markets open. Its shares are up only 60% this year. Also reporting: Home-improvement dealer Lowe's  (LOW) , whose shares are 21% this year, also reports on Tuesday. So does medical device company Medtronic  (MDT) .

Wednesday. Alongside Nvidia, reports are due from retailer TJX  (TJX)  , cybersecurity firm Palo Alto Networks  (PANW)  and retail giant Target  (TGT) .

Thursday: Software developer Intuit  (INTU) , farm-equipment maker Deere & Co.  (DE) , Ross Stores  (ROST)  and Chinese internet retailer Baidu.com  (BIDU) .

Related: Walmart is counting on AI e-commerce upside on Black Friday

Beyond Nvidia, the big question facing markets this week is a conflict: The incoming Trump Administration wants to see stocks move higher as they did the week after the Presidential election.