How should we put it? Is Nvidia at the best bargain-hunting timing???

Back then, at this time, its stock price later surged by 100x.
As the world’s most profitable AI company, it is now being sold off at the cheapest price in 11 years.
Compared with how much money it can earn in the next year, Nvidia’s stock price is now so cheap it’s at the lowest level since 2015. The last time it was this cheap, its stock was at $30—rising from $30 to now, up by 100x.
This company holds 92% of the global AI chip market; its data center business has doubled year over year, and orders are booked out to next year.
But in the past two weeks, due to fighting in Iran, a surge in oil prices, and IBM crashing 25%, the entire tech sector has been dragged down, and the market has hit it at the lowest valuation point in 11 years with a single blow.
JPMorgan Chase said something bluntly true last week: the recent decline in semiconductors isn’t because chips are no longer selling—it’s because positions are too crowded; once there’s even a hint of trouble, everyone starts trampling on each other.
Trampling and deterioration in fundamentals are two completely different things—the former is a sentiment problem and will pass. The latter is when something is genuinely wrong, and you need to run.
Which category does Nvidia belong to? A 97% share of the GPU market, orders booked out to next year, with customers scrambling to place orders.
This is not a company that’s gone wrong—it’s a company whose price has been knocked down by other people’s panic.
The low price created by being dragged down is often the best price.