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Nvidia stock sees mixed odds for hitting new highs amid AI competition in October

Market News
14 Oct 2026
Finbold
View Source
Bullish
Nvidia stock sees mixed odds for hitting new highs amid AI competition in October

Prediction market data shows Nvidia stock has an 87% chance to reach $232 by October 31, 2026, but lower odds for higher targets like $240 or above. On the downside, there's a 72% chance it could drop to $224. This volatility comes as Nvidia faces rising competition in AI chips from companies like Microsoft and concerns about AI infrastructure costs. Despite this, Nvidia reported strong Q2 revenue growth and is expanding its AI ecosystem with new partnerships and investments, signaling continued growth potential.

The prediction market's focus on Nvidia's stock price aligns with its steady performance on Pluang, where NVDA trades at USD 228.85 as of Oct 14, 2026, 17:11 WIB, showing a slight 0.14% gain in the past day. Nvidia's market cap stands at $5.52 trillion, and investor sentiment leans bullish with 75% of Pluang orders to buy. Meanwhile, Microsoft shares are priced at USD 544.36, up 0.17% on the day, reflecting ongoing competition in the AI chip space.

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