Cryptocurrency bettors aren’t fully bought into NVIDIA Corp. (NASDAQ:NVDA) breaching in October, even as the AI darling hits new highs in intraday trading.
NVDA’s Rally to Stall?
Polygon (CRYPTO: POL)-based Polymarket currently assigns a 35% chance to the possibility, up 10 percentage points in a week, but down two percentage points over the last 24 hours.
The odds of NVDA rising above $264 stood at 16%. Punters assigned a 62% chance to a close above $248 and an identical 62% chance to a close below $232. The probability that the stock closes below $224 stood at 32% as of this writing.
NVIDIA in Record Territory
Nvidia shares climbed to a record intraday high of $243.37 on Tuesday. The chipmaker is nearing a $6 trillion market capitalization after a nearly 30% rise in 2026, cementing its status as one of the top winners of the AI spending boom.
The surge helped boost the net worth of CEO Jensen Huang, who owns an estimated 3.3% of the company, to $207 billion.
Tech investor and analyst Dan Ives said Wall Street may still be significantly underestimating NVIDIA’s growth trajectory, pointing to accelerating enterprise AI adoption and extremely tight supply-demand conditions.
Price Action: NVIDIA shares rose 0.40% in after-hours trading. The stock closed 0.14% higher at $239.24 during Tuesday’s regular trading session, according to Benzinga Pro.
Benzinga Edge Stock Rankings indicate that NVDA maintains a stronger price trend across short-, medium-, and long-term timeframes.
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