# Panic selling meets cheap valuations and a massive chip deal — accumulate Nvidia on the dip

_AI-generated trading idea · LONG · AVGO, NVDA_

> Canonical page: https://commonquant.ai/research/for-you/panic-selling-meets-cheap-valuations-and-a-massive-chip-deal--cdb5b76d-ef77-417a-b697-0060af8a3a28

The AI darling Nvidia has fallen so hard it's trading at a deep discount, even as a major new $30 billion chip deal from Apple proves the hardware boom is alive and well. With geopolitical fear from the Iran strikes dragging all tech stocks down indiscriminately, Nvidia looks like a coiled spring ready to bounce.

## Idea

Nvidia has lost roughly $1 trillion in market value over two months, leaving the stock as cheap as it was before the AI boom began. However, Apple just announced a massive $30 billion deal with Broadcom to expand chip production, proving that the demand for advanced silicon remains incredibly strong. The broader market is selling off tech today purely out of fear over the US military strikes on Iran and soaring oil prices. This geopolitical panic is dragging Nvidia down with the rest of the market, creating a disconnect between its cheap valuation and the underlying hardware demand.

## What happened since

- **NVDA** · LONG · T+1 -0.6565%

_Price changes since publication; updated 2026-07-13T03:25:24.285474+00:00._

## Key details

- Symbols: AVGO, NVDA
- Timeframes: D1
- Tags: \#ai, \#semiconductors, \#dip\_buying, \#stock

## Community

- Upvotes: 9
- Views: 18
- Copies: 0
- Cosigns: 0

## News sources

- [Nvidia's $1 Trillion Slide Sends Valuation to Pre-AI Boom Levels](https://www.bloomberg.com/news/articles/2026-07-08/nvidia-s-1-trillion-slide-sends-valuation-to-pre-ai-boom-levels) — Bloomberg
- [Apple announces chip deal with Broadcom worth more than $30 billion](https://finance.yahoo.com/technology/article/apple-announces-chip-deal-with-broadcom-worth-more-than-30-billion-100000097.html) — Yahoo Finance
- [Oil Jumps on Iran Attack, Asian Stocks Set to Drop: Markets Wrap](https://www.bloomberg.com/news/articles/2026-07-07/oil-jumps-on-iran-attack-asian-stocks-set-to-drop-markets-wrap) — Bloomberg

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