Nvidia (NASDAQ: NVDA) has soared over the last two years, thanks to its dominance in artificial intelligence (AI) -- a market set to reach $1 trillion by the end of the decade from about $200 billion today.

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

Nvidia’s stock is off to a positive start after a wild Monday. Shares of the chipmaking giant were recently up about 2%, easily outpacing the slight rise in the S&P 500. The first hours of Tuesday’s session followed a start to the week that marked Nvidia’s (NVDA) worst day in years,

Shares of Nvidia ( NVDA 8.93%) spiked Tuesday. The company's stock gained 8.9% as of market close. The move up comes as the S&P 500 and Nasdaq Composite gained 0.9% and 2%, respectively. Nvidia's stock felt some relief after a major sell-off on Monday that was spurred by a new AI entrant, DeepSeek.

Nvidia stock (NVDA) rose modestly early Tuesday. That put the shares on course to recoup a little bit of the ground lost in the previous session's 17% crash, which was fueled by concerns about China's DeepSeek.

After plunging 17% on Monday, Nvidia climbed almost 9% as investors rushed in to buy this historic dip in shares of the top chip maker.