Chip stocks plummet, Nvidia falls from market cap top spot; how does smart money view its price trend for the year?

According to PolyBeats monitoring, Nvidia closed at $204.64 on October 30, down about 10.4% for the month. The entire semiconductor sector fell even more in October, with the SOXX semiconductor ETF dropping about 17.1% during the month. According to data from the BIT stock platform, Apple's market capitalization reached $5.03 trillion at Friday's close, surpassing Nvidia's $4.93 trillion to become the world's most valuable publicly listed company.

On the prediction market Polymarket, the probability that "Nvidia will become the world's most valuable company on December 31" has fallen 32 percentage points over the past month and currently stands at 56%. An account holding more than 40% of the shares in the relevant market has a 100% win rate in the financial sector, and its prediction for Nvidia's stock price is as follows: