While the demand is there, it's clear that's not the sole reason why Nvidia's RTX 50 series is impossible to find in stores. Many retailers received fairly low stock quantities, as Nvidia reportedly experienced manufacturing issues.

Other technology stocks trading at relatively low valuations to historical levels include Micron, Super Micro and Workday.

Shares of semiconductor makers were dropping early Monday as a Chinese AI model triggered questions over their lofty valuations.

According to a paper authored by the lab, the DeepSeek-R1 model outperforms cutting-edge models such as OpenAI’s o1 and Meta’s Llama AI models across multiple benchmarks.

Chip stocks in the U.S. and Europe rose on Wednesday for a second straight day, recovering from a punishing selloff triggered by China's low-cost DeepSeek artificial intelligence tool at the start of the week.

U.S. stocks recovered some ground on Tuesday after getting hammered by fears over China's DeepSeek AI model built on a shoestring budget.

Semiconductor stocks in the U.S. and Europe climbed on Wednesday for a second day after China's low-cost DeepSeek AI tool triggered a punishing selloff in artificial intelligence-linked shares earlier this week.

A Chinese startup’s latest affordable artificial intelligence (AI) chatbot sent NVIDIA Corporation’s NVDA shares into a tailspin, erasing half a trillion in market capitalization. However, the widespread anxiety among NVIDIA investors is overblown.