Nvidia is now cheaper than Hershey after a $1 trillion wipeout — time to buy the AI dip
Nvidia has lost $1 trillion in value recently, but its price-to-earnings ratio is actually lower than candy maker Hershey's. Even as the broader semiconductor sector drops, savvy traders are starting to place bets on a massive Nvidia rebound.
Idea
Nvidia has shed roughly $1 trillion in market value over a short period, pushing its valuation back to levels not seen since before the AI boom began. Yet, as one article points out, Nvidia is still the world's most valuable company and its valuation has dropped below that of Hershey, making it historically cheap. While geopolitical fears and delays in their next-gen rack systems are dragging the whole chip sector down, contrarian traders are already betting on a big rebound for Nvidia specifically. This combination of extreme pessimism, a massive discount, and underlying AI dominance creates a classic contrarian 'buy the dip' opportunity.
What happened since
| Symbol | Dir | T+1 | T+5 | T+20 |
|---|---|---|---|---|
| NVDA | LONG | -1.22% ✗ | — | — |
Price change since publication · updated Jul 12