Nvidia Is the Cheapest It's Been Since 2019. Why Investors Should Load Up Now.

Nvidia has lost $800 billion in market cap since May but remains fundamentally strong with record revenue of $81.6 billion and 97% market share in AI server GPUs. Trading at a forward P/E of 22.6, the stock is at its cheapest valuation since 2019. The company increased its dividend and announced an $80 billion buyback program, suggesting management confidence despite the recent sell-off being characterized as a sector rotation rather than a business warning.