diff --git a/src/Compilers/CSharp/Portable/Binder/Binder_Conversions.cs b/src/Compilers/CSharp/Portable/Binder/Binder_Conversions.cs
index 50624951cd3bfef9953ed41ef3b287fb9fd4ddc4..fc78aabe6784da22eac3699ebe62e49cc1ed3a5c 100644
--- a/src/Compilers/CSharp/Portable/Binder/Binder_Conversions.cs
+++ b/src/Compilers/CSharp/Portable/Binder/Binder_Conversions.cs
@@ -505,8 +505,6 @@ private BoundExpression CreateMethodGroupConversion(SyntaxNode syntax, BoundExpr
                 _ => throw ExceptionUtilities.UnexpectedValue(source),
             };
             BoundMethodGroup group = FixMethodGroupWithTypeOrValue(originalGroup, conversion, diagnostics);
-            BoundExpression? receiverOpt = group.ReceiverOpt;
-            MethodSymbol? method = conversion.Method;
             bool hasErrors = false;
 
             if (MethodGroupConversionHasErrors(syntax, conversion, group.ReceiverOpt, conversion.IsExtensionMethod, destination, diagnostics))
diff --git a/src/Compilers/CSharp/Portable/Binder/Semantics/BestTypeInferrer.cs b/src/Compilers/CSharp/Portable/Binder/Semantics/BestTypeInferrer.cs
index d098036806eb296cc919e1b27eac5fa637f507e9..04691cde5334b2a4aa82954a294e26c1a9ed033c 100644
--- a/src/Compilers/CSharp/Portable/Binder/Semantics/BestTypeInferrer.cs
+++ b/src/Compilers/CSharp/Portable/Binder/Semantics/BestTypeInferrer.cs
@@ -5,6 +5,7 @@
 using System.Collections.Generic;
 using System.Collections.Immutable;
 using System.Diagnostics;
+using System.Linq;
 using Microsoft.CodeAnalysis.CSharp.Symbols;
 using Microsoft.CodeAnalysis.PooledObjects;
 
@@ -14,11 +15,17 @@ internal static class BestTypeInferrer
     {
         public static NullableAnnotation GetNullableAnnotation(ArrayBuilder<TypeWithAnnotations> types)
         {
+#if DEBUG
+            var example = types.FirstOrDefault(t => t.HasType);
+#endif
+
             var result = NullableAnnotation.NotAnnotated;
             foreach (var type in types)
             {
-                Debug.Assert(type.HasType);
-                Debug.Assert(type.Equals(types[0], TypeCompareKind.AllIgnoreOptions));
+#if DEBUG
+                Debug.Assert(!type.HasType || type.Equals(example, TypeCompareKind.AllIgnoreOptions));
+#endif
+
                 // This uses the covariant merging rules.
                 result = result.Join(type.NullableAnnotation);
             }
diff --git a/src/Compilers/CSharp/Portable/FlowAnalysis/NullableWalker.cs b/src/Compilers/CSharp/Portable/FlowAnalysis/NullableWalker.cs
index b1d65aac65646418a050efa86da349e2c0691ac9..e26d61f87b98030c84f2cb8a4b344e0376a72ae1 100644
--- a/src/Compilers/CSharp/Portable/FlowAnalysis/NullableWalker.cs
+++ b/src/Compilers/CSharp/Portable/FlowAnalysis/NullableWalker.cs
@@ -2842,11 +2842,9 @@ protected override void VisitStatement(BoundStatement statement)
 
         public override BoundNode? VisitUnconvertedObjectCreationExpression(BoundUnconvertedObjectCreationExpression node)
         {
-            var discardedDiagnostics = new DiagnosticBag();
-            var expr = _binder!.BindObjectCreationForErrorRecovery(node, discardedDiagnostics);
-            discardedDiagnostics.Free();
-            Visit(expr);
-            SetResultType(node, TypeWithState.Create(expr.Type, NullableFlowState.NotNull));
+            // This method is only involved in method inference with unbound lambdas.
+            // The diagnostics on arguments are reported by VisitObjectCreationExpression.
+            SetResultType(node, TypeWithState.Create(null, NullableFlowState.NotNull));
             return null;
         }
 
@@ -4108,8 +4106,6 @@ private static TypeWithState GetNullCoalescingResultType(TypeWithState rightResu
             BoundExpression originalConsequence,
             BoundExpression originalAlternative)
         {
-            Debug.Assert(node.Type is object);
-
             VisitCondition(condition);
             var consequenceState = this.StateWhenTrue;
             var alternativeState = this.StateWhenFalse;
@@ -4127,7 +4123,7 @@ private static TypeWithState GetNullCoalescingResultType(TypeWithState rightResu
                 (alternativeLValue, alternativeRValue) = visitConditionalRefOperand(alternativeState, originalAlternative);
                 Join(ref this.State, ref consequenceState);
 
-                TypeSymbol refResultType = node.Type.SetUnknownNullabilityForReferenceTypes();
+                TypeSymbol? refResultType = node.Type?.SetUnknownNullabilityForReferenceTypes();
                 if (IsNullabilityMismatch(consequenceLValue, alternativeLValue))
                 {
                     // l-value types must match
@@ -4204,8 +4200,8 @@ private static TypeWithState GetNullCoalescingResultType(TypeWithState rightResu
             NullableFlowState resultState;
             if (resultType is null)
             {
-                resultType = node.Type.SetUnknownNullabilityForReferenceTypes();
-                resultState = NullableFlowState.NotNull;
+                resultType = node.Type?.SetUnknownNullabilityForReferenceTypes();
+                resultState = consequenceRValue.State.Join(alternativeRValue.State);
 
                 var resultTypeWithState = TypeWithState.Create(resultType, resultState);
 
@@ -6541,9 +6537,7 @@ private bool HasTopLevelNullabilityConversion(TypeWithAnnotations source, TypeWi
                 case ConversionKind.ObjectCreation:
                 case ConversionKind.SwitchExpression:
                 case ConversionKind.ConditionalExpression:
-                    // These are not represented as a separate conversion in the bound tree.
-                    // Instead they are folded into the operand.
-                    throw ExceptionUtilities.UnexpectedValue(conversion.Kind);
+                    return operandType;
 
                 case ConversionKind.ExplicitUserDefined:
                 case ConversionKind.ImplicitUserDefined:
@@ -8795,9 +8789,9 @@ private TypeWithState InferResultNullabilityOfBinaryLogicalOperator(BoundExpress
 
         public override BoundNode? VisitDefaultLiteral(BoundDefaultLiteral node)
         {
-            // Can occur in error scenarios
+            // Can occur in error scenarios and lambda scenarios
             var result = base.VisitDefaultLiteral(node);
-            SetUnknownResultNullability(node);
+            SetResultType(node, TypeWithState.Create(node.Type, NullableFlowState.MaybeDefault));
             return result;
         }
 
diff --git a/src/Compilers/CSharp/Portable/FlowAnalysis/NullableWalker_Patterns.cs b/src/Compilers/CSharp/Portable/FlowAnalysis/NullableWalker_Patterns.cs
index ef8b8344d45bba55231f60e00531f57be31771ab..ee778886b097e37f6d7b19dce508b4e55ae8a626 100644
--- a/src/Compilers/CSharp/Portable/FlowAnalysis/NullableWalker_Patterns.cs
+++ b/src/Compilers/CSharp/Portable/FlowAnalysis/NullableWalker_Patterns.cs
@@ -566,6 +566,7 @@ public override BoundNode VisitConvertedSwitchExpression(BoundConvertedSwitchExp
 
         public override BoundNode VisitUnconvertedSwitchExpression(BoundUnconvertedSwitchExpression node)
         {
+            // This method is only involved in method inference with unbound lambdas.
             VisitSwitchExpressionCore(node, inferType: true);
             return null;
         }
@@ -632,34 +633,40 @@ private void VisitSwitchExpressionCore(BoundSwitchExpression node, bool inferTyp
 
             TypeSymbol inferredType =
                 (inferType ? BestTypeInferrer.InferBestType(placeholders, _conversions, ref useSiteDiagnostics) : null)
-                    ?? node.Type?.SetUnknownNullabilityForReferenceTypes()
-                    ?? new ExtendedErrorTypeSymbol(this.compilation, "", arity: 0, errorInfo: null, unreported: false);
+                    ?? node.Type?.SetUnknownNullabilityForReferenceTypes();
 
             var inferredTypeWithAnnotations = TypeWithAnnotations.Create(inferredType);
 
             // Convert elements to best type to determine element top-level nullability and to report nested nullability warnings
-            for (int i = 0; i < numSwitchArms; i++)
+            if (inferredType is not null)
             {
-                var expression = expressions[i];
-                resultTypes[i] = VisitConversion(conversionOpt: null, expression, conversions[i], inferredTypeWithAnnotations, resultTypes[i], checkConversion: true,
-                    fromExplicitCast: false, useLegacyWarnings: false, AssignmentKind.Assignment, reportRemainingWarnings: true, reportTopLevelWarnings: false);
+                for (int i = 0; i < numSwitchArms; i++)
+                {
+                    var expression = expressions[i];
+                    resultTypes[i] = VisitConversion(conversionOpt: null, expression, conversions[i], inferredTypeWithAnnotations, resultTypes[i], checkConversion: true,
+                        fromExplicitCast: false, useLegacyWarnings: false, AssignmentKind.Assignment, reportRemainingWarnings: true, reportTopLevelWarnings: false);
+                }
             }
 
             var inferredState = BestTypeInferrer.GetNullableState(resultTypes);
             var resultType = TypeWithState.Create(inferredType, inferredState);
-            inferredTypeWithAnnotations = resultType.ToTypeWithAnnotations(compilation);
-            if (resultType.State == NullableFlowState.MaybeDefault)
-            {
-                inferredTypeWithAnnotations = inferredTypeWithAnnotations.AsAnnotated();
-            }
 
-            for (int i = 0; i < numSwitchArms; i++)
+            if (inferredType is not null)
             {
-                var nodeForSyntax = expressions[i];
-                var conversionOpt = node.SwitchArms[i].Value switch { BoundConversion c when c != nodeForSyntax => c, _ => null };
-                // Report top-level warnings
-                _ = VisitConversion(conversionOpt, conversionOperand: nodeForSyntax, conversions[i], targetTypeWithNullability: inferredTypeWithAnnotations, operandType: resultTypes[i],
-                    checkConversion: true, fromExplicitCast: false, useLegacyWarnings: false, AssignmentKind.Assignment, reportRemainingWarnings: false, reportTopLevelWarnings: true);
+                inferredTypeWithAnnotations = resultType.ToTypeWithAnnotations(compilation);
+                if (resultType.State == NullableFlowState.MaybeDefault)
+                {
+                    inferredTypeWithAnnotations = inferredTypeWithAnnotations.AsAnnotated();
+                }
+
+                for (int i = 0; i < numSwitchArms; i++)
+                {
+                    var nodeForSyntax = expressions[i];
+                    var conversionOpt = node.SwitchArms[i].Value switch { BoundConversion c when c != nodeForSyntax => c, _ => null };
+                    // Report top-level warnings
+                    _ = VisitConversion(conversionOpt, conversionOperand: nodeForSyntax, conversions[i], targetTypeWithNullability: inferredTypeWithAnnotations, operandType: resultTypes[i],
+                        checkConversion: true, fromExplicitCast: false, useLegacyWarnings: false, AssignmentKind.Assignment, reportRemainingWarnings: false, reportTopLevelWarnings: true);
+                }
             }
 
             conversions.Free();
diff --git a/src/Compilers/CSharp/Portable/Symbols/TypeWithAnnotations.cs b/src/Compilers/CSharp/Portable/Symbols/TypeWithAnnotations.cs
index 9b150fd195ff1c8704d3759a7e7ed3364c08ed45..c9ad96daa10a35df6bb93c76522b347120c4820f 100644
--- a/src/Compilers/CSharp/Portable/Symbols/TypeWithAnnotations.cs
+++ b/src/Compilers/CSharp/Portable/Symbols/TypeWithAnnotations.cs
@@ -782,7 +782,7 @@ static NullableFlowState getFlowState(TypeSymbol type, NullableAnnotation annota
             {
                 if (type is null)
                 {
-                    return annotation.IsAnnotated() ? NullableFlowState.MaybeNull : NullableFlowState.NotNull;
+                    return annotation.IsAnnotated() ? NullableFlowState.MaybeDefault : NullableFlowState.NotNull;
                 }
                 if (type.IsPossiblyNullableReferenceTypeTypeParameter())
                 {
diff --git a/src/Compilers/CSharp/Test/Semantic/Semantics/NullableReferenceTypesTests.cs b/src/Compilers/CSharp/Test/Semantic/Semantics/NullableReferenceTypesTests.cs
index a35f607b263abaad245a45fe93828847396505e5..07622267871d48418bf0693746735cdca2327503 100644
--- a/src/Compilers/CSharp/Test/Semantic/Semantics/NullableReferenceTypesTests.cs
+++ b/src/Compilers/CSharp/Test/Semantic/Semantics/NullableReferenceTypesTests.cs
@@ -44288,6 +44288,504 @@ static void F(bool x, bool y, bool z, bool? w)
                 Diagnostic(ErrorCode.WRN_ConvertingNullableToNonNullable, "x ? y && z : w").WithLocation(6, 13));
         }
 
+        [Fact, WorkItem(46954, "https://github.com/dotnet/roslyn/issues/46954")]
+        public void ReturningValues_ConditionalOperator_WithoutType_WithNullLiterals()
+        {
+            var source =
+@"class Program
+{
+    static void M<T>(System.Func<T> t) { }
+    static void F(bool b)
+    {
+        M(() =>
+        {
+            if (b)
+                return b ? null : null;
+            else
+                return new object();
+        });
+    }
+}";
+            var comp = CreateCompilation(source, options: WithNonNullTypesTrue());
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+            var nullNode = tree.GetRoot().DescendantNodes().OfType<LiteralExpressionSyntax>().First();
+            Assert.Equal("null", nullNode.ToString());
+            Assert.Null(model.GetTypeInfo(nullNode).Type);
+            Assert.Equal("System.Object?", model.GetTypeInfo(nullNode).ConvertedType.ToTestDisplayString());
+            Assert.Equal(CodeAnalysis.NullableFlowState.MaybeNull, model.GetTypeInfo(nullNode).ConvertedNullability.FlowState);
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().Single();
+            Assert.Equal("void Program.M<System.Object?>(System.Func<System.Object?> t)", model.GetSymbolInfo(invocationNode).Symbol.ToTestDisplayString());
+
+            comp.VerifyDiagnostics();
+        }
+
+        [Fact, WorkItem(46954, "https://github.com/dotnet/roslyn/issues/46954")]
+        public void ArrayTypeInference_ConditionalOperator_WithoutType_WithNullLiterals()
+        {
+            var source =
+@"class Program
+{
+    static void F(bool b)
+    {
+        var x = new[] { b ? null : null, new object() };
+    }
+}";
+            var comp = CreateCompilation(source, options: WithNonNullTypesTrue());
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+            var nullNode = tree.GetRoot().DescendantNodes().OfType<LiteralExpressionSyntax>().First();
+            Assert.Equal("null", nullNode.ToString());
+            Assert.Null(model.GetTypeInfo(nullNode).Type);
+            Assert.Equal("System.Object?", model.GetTypeInfo(nullNode).ConvertedType.ToTestDisplayString());
+            Assert.Equal(CodeAnalysis.NullableFlowState.MaybeNull, model.GetTypeInfo(nullNode).ConvertedNullability.FlowState);
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<ImplicitArrayCreationExpressionSyntax>().Single();
+            Assert.Equal("System.Object?[]", model.GetTypeInfo(invocationNode).Type.ToTestDisplayString());
+
+            comp.VerifyDiagnostics();
+        }
+
+        [Fact, WorkItem(46954, "https://github.com/dotnet/roslyn/issues/46954")]
+        public void ReturningValues_ConditionalOperator_WithoutType_WithDefaultLiterals()
+        {
+            var source =
+@"class Program
+{
+    static void M<T>(System.Func<T> t) { }
+    static void F<U>(bool b) where U : new()
+    {
+        M(() =>
+        {
+            if (b)
+                return b ? default : default;
+            else
+                return new U();
+        });
+    }
+}";
+            var comp = CreateCompilation(source, options: WithNonNullTypesTrue());
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+            var defaultNode = tree.GetRoot().DescendantNodes().OfType<LiteralExpressionSyntax>().First();
+            Assert.Equal("default", defaultNode.ToString());
+            Assert.Equal("U?", model.GetTypeInfo(defaultNode).Type.ToTestDisplayString());
+            Assert.Equal("U?", model.GetTypeInfo(defaultNode).ConvertedType.ToTestDisplayString());
+            Assert.Equal(CodeAnalysis.NullableFlowState.MaybeNull, model.GetTypeInfo(defaultNode).ConvertedNullability.FlowState);
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().Single();
+            Assert.Equal("void Program.M<U?>(System.Func<U?> t)", model.GetSymbolInfo(invocationNode).Symbol.ToTestDisplayString());
+
+            comp.VerifyDiagnostics();
+        }
+
+        [Fact, WorkItem(46954, "https://github.com/dotnet/roslyn/issues/46954")]
+        public void ReturningValues_ConditionalOperator_WithoutType_WithDefaultLiterals_StructType()
+        {
+            var source =
+@"class Program
+{
+    static void M<T>(System.Func<T> t) { }
+    static void F<U>(bool b) where U : struct
+    {
+        M(() =>
+        {
+            if (b)
+                return b ? default : default;
+            else
+                return new U();
+        });
+    }
+}";
+            var comp = CreateCompilation(source, options: WithNonNullTypesTrue());
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+            var defaultNode = tree.GetRoot().DescendantNodes().OfType<LiteralExpressionSyntax>().First();
+            Assert.Equal("default", defaultNode.ToString());
+            Assert.Equal("U", model.GetTypeInfo(defaultNode).Type.ToTestDisplayString());
+            Assert.Equal("U", model.GetTypeInfo(defaultNode).ConvertedType.ToTestDisplayString());
+            Assert.Equal(CodeAnalysis.NullableFlowState.NotNull, model.GetTypeInfo(defaultNode).ConvertedNullability.FlowState);
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().Single();
+            Assert.Equal("void Program.M<U>(System.Func<U> t)", model.GetSymbolInfo(invocationNode).Symbol.ToTestDisplayString());
+
+            comp.VerifyDiagnostics();
+        }
+
+        [Fact, WorkItem(46954, "https://github.com/dotnet/roslyn/issues/46954")]
+        public void ReturningValues_ConditionalOperator_WithoutType_WithMaybeNullVariables()
+        {
+            var source =
+@"class Program
+{
+    static void M<T>(System.Func<T> t) { }
+    static void F(bool b)
+    {
+        M(() =>
+        {
+            Program? x = null;
+            string? y = null;
+            if (b)
+                return b ? x : y;
+            else
+                return new object();
+        });
+    }
+}";
+            var comp = CreateCompilation(source, options: WithNonNullTypesTrue());
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().Single();
+            Assert.Equal("void Program.M<System.Object?>(System.Func<System.Object?> t)", model.GetSymbolInfo(invocationNode).Symbol.ToTestDisplayString());
+
+            comp.VerifyDiagnostics();
+        }
+
+        [Fact, WorkItem(46954, "https://github.com/dotnet/roslyn/issues/46954")]
+        public void ReturningValues_ConditionalOperator_WithoutType_WithNotNullVariables()
+        {
+            var source =
+@"class Program
+{
+    static void M<T>(System.Func<T> t) { }
+    static void F(bool b)
+    {
+        M(() =>
+        {
+            Program? x = new();
+            string? y = string.Empty;
+            if (b)
+                return b ? x : y;
+            else
+                return new object();
+        });
+    }
+}";
+            var comp = CreateCompilation(source, options: WithNonNullTypesTrue());
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().Single();
+            Assert.Equal("void Program.M<System.Object>(System.Func<System.Object> t)", model.GetSymbolInfo(invocationNode).Symbol.ToTestDisplayString());
+
+            comp.VerifyDiagnostics();
+        }
+
+        [Fact, WorkItem(46954, "https://github.com/dotnet/roslyn/issues/46954")]
+        public void ReturningValues_SwitchExpression_WithoutType_NullLiteral()
+        {
+            var source =
+@"class Program
+{
+    static void M<T>(System.Func<T> t) { }
+    static void F(bool b)
+    {
+        M(() =>
+        {
+            if (b)
+                return b switch { _ => null };
+            else
+                return new object();
+        });
+    }
+}";
+            var comp = CreateCompilation(source, options: WithNonNullTypesTrue());
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+            var nullNode = tree.GetRoot().DescendantNodes().OfType<LiteralExpressionSyntax>().First();
+            Assert.Equal("null", nullNode.ToString());
+            Assert.Null(model.GetTypeInfo(nullNode).Type);
+            Assert.Equal("System.Object?", model.GetTypeInfo(nullNode).ConvertedType.ToTestDisplayString());
+            Assert.Equal(CodeAnalysis.NullableFlowState.MaybeNull, model.GetTypeInfo(nullNode).ConvertedNullability.FlowState);
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().Single();
+            Assert.Equal("void Program.M<System.Object?>(System.Func<System.Object?> t)", model.GetSymbolInfo(invocationNode).Symbol.ToTestDisplayString());
+
+            comp.VerifyDiagnostics();
+        }
+
+        [Fact, WorkItem(46954, "https://github.com/dotnet/roslyn/issues/46954")]
+        public void ReturningValues_SwitchExpression_WithoutType_WithMaybeNullVariables()
+        {
+            var source =
+@"class Program
+{
+    static void M<T>(System.Func<T> t) { }
+    static void F(bool b)
+    {
+        M(() =>
+        {
+            Program? x = null;
+            string? y = null;
+            if (b)
+                return b switch { true => x, _ => y };
+            else
+                return new object();
+        });
+    }
+}";
+            var comp = CreateCompilation(source, options: WithNonNullTypesTrue());
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().Single();
+            Assert.Equal("void Program.M<System.Object?>(System.Func<System.Object?> t)", model.GetSymbolInfo(invocationNode).Symbol.ToTestDisplayString());
+
+            comp.VerifyDiagnostics();
+        }
+
+        [Fact, WorkItem(46954, "https://github.com/dotnet/roslyn/issues/46954")]
+        public void ReturningValues_SwitchExpression_WithoutType_WithNotNullVariables()
+        {
+            var source =
+@"class Program
+{
+    static void M<T>(System.Func<T> t) { }
+    static void F(bool b)
+    {
+        M(() =>
+        {
+            Program? x = new();
+            string? y = string.Empty;
+            if (b)
+                return b switch { true => x, _ => y };
+            else
+                return new object();
+        });
+    }
+}";
+            var comp = CreateCompilation(source, options: WithNonNullTypesTrue());
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().Single();
+            Assert.Equal("void Program.M<System.Object>(System.Func<System.Object> t)", model.GetSymbolInfo(invocationNode).Symbol.ToTestDisplayString());
+
+            comp.VerifyDiagnostics();
+        }
+
+        [Fact, WorkItem(46954, "https://github.com/dotnet/roslyn/issues/46954")]
+        public void ReturningValues_WithoutType_New()
+        {
+            var source =
+@"class Program
+{
+    static void M<T>(System.Func<T> t) { }
+
+    static void F(bool b)
+    {
+        M(() =>
+        {
+            if (b)
+                return new();
+            else
+                return new object();
+        });
+    }
+}";
+            var comp = CreateCompilation(source, options: WithNonNullTypesTrue());
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+            var newNode = tree.GetRoot().DescendantNodes().OfType<ImplicitObjectCreationExpressionSyntax>().First();
+            Assert.Equal("new()", newNode.ToString());
+            Assert.Equal("System.Object", model.GetTypeInfo(newNode).Type.ToTestDisplayString());
+            Assert.Equal("System.Object", model.GetTypeInfo(newNode).ConvertedType.ToTestDisplayString());
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().Single();
+            Assert.Equal("void Program.M<System.Object>(System.Func<System.Object> t)", model.GetSymbolInfo(invocationNode).Symbol.ToTestDisplayString());
+
+            comp.VerifyDiagnostics();
+        }
+
+        [Fact, WorkItem(46954, "https://github.com/dotnet/roslyn/issues/46954")]
+        public void ReturningValues_WithoutType_NewWithArguments()
+        {
+            var source =
+@"class Program
+{
+    static void M<T>(System.Func<T> t) { }
+
+    static void F(bool b)
+    {
+        M(() =>
+        {
+            if (b)
+                return new(null);
+            else
+                return new Program(string.Empty);
+        });
+    }
+
+    Program(string s) { }
+}";
+            var comp = CreateCompilation(source, options: WithNonNullTypesTrue());
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+            var newNode = tree.GetRoot().DescendantNodes().OfType<ImplicitObjectCreationExpressionSyntax>().First();
+            Assert.Equal("new(null)", newNode.ToString());
+            Assert.Equal("Program", model.GetTypeInfo(newNode).Type.ToTestDisplayString());
+            Assert.Equal("Program", model.GetTypeInfo(newNode).ConvertedType.ToTestDisplayString());
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().Single();
+            Assert.Equal("void Program.M<Program>(System.Func<Program> t)", model.GetSymbolInfo(invocationNode).Symbol.ToTestDisplayString());
+
+            comp.VerifyDiagnostics(
+                // (10,28): warning CS8625: Cannot convert null literal to non-nullable reference type.
+                //                 return new(null);
+                Diagnostic(ErrorCode.WRN_NullAsNonNullable, "null").WithLocation(10, 28)
+                );
+        }
+
+        [Fact, WorkItem(46954, "https://github.com/dotnet/roslyn/issues/46954")]
+        public void ReturningValues_WithoutType()
+        {
+            var source =
+@"class Program
+{
+    static void M<T>(System.Func<T> t) { }
+    static void F(bool b)
+    {
+        M(() =>
+        {
+            if (b)
+                return null;
+            else
+                return new object();
+        });
+    }
+}";
+            var comp = CreateCompilation(source, options: WithNonNullTypesTrue());
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+            var nullNode = tree.GetRoot().DescendantNodes().OfType<LiteralExpressionSyntax>().First();
+            Assert.Equal("null", nullNode.ToString());
+            Assert.Null(model.GetTypeInfo(nullNode).Type);
+            Assert.Equal("System.Object?", model.GetTypeInfo(nullNode).ConvertedType.ToTestDisplayString());
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().Single();
+            Assert.Equal("void Program.M<System.Object?>(System.Func<System.Object?> t)", model.GetSymbolInfo(invocationNode).Symbol.ToTestDisplayString());
+
+            comp.VerifyDiagnostics();
+        }
+
+        [Fact, WorkItem(44339, "https://github.com/dotnet/roslyn/issues/44339")]
+        public void TypeInference_LambdasWithNullsAndDefaults()
+        {
+            var source = @"
+#nullable enable
+
+public class C<T1, T2>
+{
+    public void M1(bool b)
+    {
+        var map = new C<string, string>();
+
+        map.GetOrAdd("""", _ => default); // 1
+        map.GetOrAdd("""", _ => null); // 2
+
+        map.GetOrAdd("""", _ => { if (b) return default; return """"; }); // 3
+        map.GetOrAdd("""", _ => { if (b) return null; return """"; }); // 4
+        map.GetOrAdd("""", _ => { if (b) return """"; return null; }); // 5
+    }
+}
+
+public static class Extensions
+{
+    public static V GetOrAdd<K, V>(this C<K, V> dictionary, K key, System.Func<K, V> function)
+        => throw null!;
+}
+";
+            var comp = CreateCompilation(source);
+            comp.VerifyDiagnostics(
+                // (10,31): warning CS8603: Possible null reference return.
+                //         map.GetOrAdd("", _ => default); // 1
+                Diagnostic(ErrorCode.WRN_NullReferenceReturn, "default").WithLocation(10, 31),
+                // (11,31): warning CS8603: Possible null reference return.
+                //         map.GetOrAdd("", _ => null); // 2
+                Diagnostic(ErrorCode.WRN_NullReferenceReturn, "null").WithLocation(11, 31),
+                // (13,9): warning CS8620: Argument of type 'C<string, string>' cannot be used for parameter 'dictionary' of type 'C<string, string?>' in 'string? Extensions.GetOrAdd<string, string?>(C<string, string?> dictionary, string key, Func<string, string?> function)' due to differences in the nullability of reference types.
+                //         map.GetOrAdd("", _ => { if (b) return default; return ""; }); // 3
+                Diagnostic(ErrorCode.WRN_NullabilityMismatchInArgument, "map").WithArguments("C<string, string>", "C<string, string?>", "dictionary", "string? Extensions.GetOrAdd<string, string?>(C<string, string?> dictionary, string key, Func<string, string?> function)").WithLocation(13, 9),
+                // (14,9): warning CS8620: Argument of type 'C<string, string>' cannot be used for parameter 'dictionary' of type 'C<string, string?>' in 'string? Extensions.GetOrAdd<string, string?>(C<string, string?> dictionary, string key, Func<string, string?> function)' due to differences in the nullability of reference types.
+                //         map.GetOrAdd("", _ => { if (b) return null; return ""; }); // 4
+                Diagnostic(ErrorCode.WRN_NullabilityMismatchInArgument, "map").WithArguments("C<string, string>", "C<string, string?>", "dictionary", "string? Extensions.GetOrAdd<string, string?>(C<string, string?> dictionary, string key, Func<string, string?> function)").WithLocation(14, 9),
+                // (15,9): warning CS8620: Argument of type 'C<string, string>' cannot be used for parameter 'dictionary' of type 'C<string, string?>' in 'string? Extensions.GetOrAdd<string, string?>(C<string, string?> dictionary, string key, Func<string, string?> function)' due to differences in the nullability of reference types.
+                //         map.GetOrAdd("", _ => { if (b) return ""; return null; }); // 5
+                Diagnostic(ErrorCode.WRN_NullabilityMismatchInArgument, "map").WithArguments("C<string, string>", "C<string, string?>", "dictionary", "string? Extensions.GetOrAdd<string, string?>(C<string, string?> dictionary, string key, Func<string, string?> function)").WithLocation(15, 9)
+                );
+        }
+
+        [Fact, WorkItem(43536, "https://github.com/dotnet/roslyn/issues/43536")]
+        public void TypeInference_StringAndNullOrDefault()
+        {
+            var source = @"
+#nullable enable
+
+class C
+{
+    void M(string s)
+    {
+        Infer(s, default);
+        Infer(s, null);
+    }
+
+    T Infer<T>(T t1, T t2) => t1 ?? t2;
+}
+";
+            // We're expecting the same inference and warnings for both invocations
+            // Tracked by issue https://github.com/dotnet/roslyn/issues/43536
+
+            var comp = CreateCompilation(source);
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().First();
+            Assert.Equal("System.String? C.Infer<System.String?>(System.String? t1, System.String? t2)", model.GetSymbolInfo(invocationNode).Symbol.ToTestDisplayString());
+
+            var invocationNode2 = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().Last();
+            Assert.Equal("System.String C.Infer<System.String>(System.String t1, System.String t2)", model.GetSymbolInfo(invocationNode2).Symbol.ToTestDisplayString());
+
+            comp.VerifyDiagnostics(
+                // (9,18): warning CS8625: Cannot convert null literal to non-nullable reference type.
+                //         Infer(s, null); // Infer<string>, CS8625 cannot convert null literal to non-nullable refernece type
+                Diagnostic(ErrorCode.WRN_NullAsNonNullable, "null").WithLocation(9, 18)
+                );
+        }
+
+        [Fact]
+        public void ConditionalOperator_WithoutType_Lambda()
+        {
+            var source =
+@"class Program
+{
+    static void M<T>(System.Func<T> t) { }
+    static void F(bool b, System.Action a)
+    {
+        M(() =>
+        {
+            if (b)
+                return () => { };
+            else
+                return a;
+        });
+    }
+}";
+            var comp = CreateCompilation(source, options: WithNonNullTypesTrue());
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+            var lambdaNode = tree.GetRoot().DescendantNodes().OfType<LambdaExpressionSyntax>().Last();
+            Assert.Equal("() => { }", lambdaNode.ToString());
+            Assert.Null(model.GetTypeInfo(lambdaNode).Type);
+            Assert.Equal("System.Action", model.GetTypeInfo(lambdaNode).ConvertedType.ToTestDisplayString());
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().Single();
+            Assert.Equal("void Program.M<System.Action>(System.Func<System.Action> t)", model.GetSymbolInfo(invocationNode).Symbol.ToTestDisplayString());
+
+            comp.VerifyDiagnostics();
+        }
+
         [Fact]
         public void ConditionalOperator_TopLevelNullability()
         {
@@ -71606,6 +72104,8 @@ static void F(object? x, bool b)
         _ = (default, default)/*T:<null>!*/.Item1.ToString();
         _ = (x, default)/*T:<null>!*/.Item2.ToString();
         (b switch { _ => null }).ToString();
+        (b ? null : null).ToString();
+        (new()).ToString();
     }
 }";
             var comp = CreateCompilation(source, options: WithNonNullTypesTrue());
@@ -71621,7 +72121,13 @@ static void F(object? x, bool b)
                 Diagnostic(ErrorCode.ERR_DefaultLiteralNoTargetType, "default").WithLocation(6, 17),
                 // (7,12): error CS8506: No best type was found for the switch expression.
                 //         (b switch { _ => null }).ToString();
-                Diagnostic(ErrorCode.ERR_SwitchExpressionNoBestType, "switch").WithLocation(7, 12)
+                Diagnostic(ErrorCode.ERR_SwitchExpressionNoBestType, "switch").WithLocation(7, 12),
+                // (8,10): error CS0173: Type of conditional expression cannot be determined because there is no implicit conversion between '<null>' and '<null>'
+                //         (b ? null : null).ToString();
+                Diagnostic(ErrorCode.ERR_InvalidQM, "b ? null : null").WithArguments("<null>", "<null>").WithLocation(8, 10),
+                // (9,10): error CS8754: There is no target type for 'new()'
+                //         (new()).ToString();
+                Diagnostic(ErrorCode.ERR_TypelessNewNoTargetType, "new()").WithArguments("new()").WithLocation(9, 10)
                 );
             comp.VerifyTypes();
         }
@@ -137155,7 +137661,7 @@ static void F<T>(Func<T> f)
     {
         F(() =>
         {
-            if (b) return default; // 1
+            if (b) return default;
             return t;
         });
     }
@@ -137163,19 +137669,23 @@ static void F<T>(Func<T> f)
     {
         F(() =>
         {
-            if (b) return default; // 2
+            if (b) return default;
             return t;
         });
     }
 }";
             var comp = CreateCompilation(source);
-            comp.VerifyEmitDiagnostics(
-                // (12,27): warning CS8603: Possible null reference return.
-                //             if (b) return default; // 1
-                Diagnostic(ErrorCode.WRN_NullReferenceReturn, "default").WithLocation(12, 27),
-                // (20,27): warning CS8603: Possible null reference return.
-                //             if (b) return default; // 2
-                Diagnostic(ErrorCode.WRN_NullReferenceReturn, "default").WithLocation(20, 27));
+
+            var tree = comp.SyntaxTrees.Single();
+            var model = comp.GetSemanticModel(tree, ignoreAccessibility: false);
+
+            var invocationNode = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().First();
+            Assert.Equal("void Program.F<T?>(System.Func<T?> f)", model.GetSymbolInfo(invocationNode).Symbol.ToTestDisplayString());
+
+            var invocationNode2 = tree.GetRoot().DescendantNodes().OfType<InvocationExpressionSyntax>().Last();
+            Assert.Equal("void Program.F<T?>(System.Func<T?> f)", model.GetSymbolInfo(invocationNode2).Symbol.ToTestDisplayString());
+
+            comp.VerifyEmitDiagnostics();
         }
 
         [Fact]
diff --git a/src/Compilers/CSharp/Test/Symbol/Symbols/Source/NullablePublicAPITests.cs b/src/Compilers/CSharp/Test/Symbol/Symbols/Source/NullablePublicAPITests.cs
index 8b885069b1785ca5793d5a3551adcdcea4d8c3f4..3fb33bdd57d61ccf859c5fcda9f78e5944b418b1 100644
--- a/src/Compilers/CSharp/Test/Symbol/Symbols/Source/NullablePublicAPITests.cs
+++ b/src/Compilers/CSharp/Test/Symbol/Symbols/Source/NullablePublicAPITests.cs
@@ -1268,7 +1268,7 @@ void M()
             Assert.Equal(notNull, leftInfo.Nullability);
             Assert.Equal(notNull, leftInfo.ConvertedNullability);
             Assert.Equal(@null, rightInfo.Nullability);
-            Assert.Equal(notNull, rightInfo.ConvertedNullability);
+            Assert.Equal(@null, rightInfo.ConvertedNullability);
         }
 
         [Fact]