"Nvidia ( NASDAQ:NVDA ) has ridden the AI wave to extraordinary heights. Since late 2022, when generative AI tools like ChatGPT ignited the revolution, Nvidia's shares have surged 1,000%, transforming the chipmaker from a gaming graphics leader into a $4 trillion powerhouse. Its stock climbed from a split-adjusted price around $15 to a peak of $212 per share last month, fueled by insatiable demand for its GPUs in data centers worldwide."
"On this market, titled "What will NVIDIA (NVDA) hit before 2026?," traders wager on whether Nvidia's stock will touch specific thresholds by Dec. 31, based on Yahoo Finance highs during trading hours. The market shows a clear consensus. The "Yes" share for hitting $190 trades at $0.71 implies a 71% chance of making it - strong but not overwhelming. For $185 per share, it's 84%, while a $200 bet sits at 43%."
Nvidia's shares surged roughly 1,000% since late 2022, driven by generative AI demand and heavy GPU adoption in data centers, lifting market value toward $4 trillion. The stock moved from a split-adjusted base near $15 to a recent peak around $212, then stalled and traded mostly between $170 and $180 since August. The share price is down about 16% from October highs as investors weigh high valuations and headwinds. Polymarket prediction contracts show concentrated odds near current levels, with higher probabilities for modest thresholds and low probabilities for extreme upside or downside moves by year-end 2025.
Read at 24/7 Wall St.
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