Shares of Nvidia ( NVDA 8.93%) surged higher on Tuesday, after taking it on the chin Monday. The maker of graphics processing units (GPUs) used for artificial intelligence (AI) applications gained as much as 7.2%. As of 1:30 p.m. ET, the stock was still up 7.1%.

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

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.

Nvidia, in contrast, has nearly everything AI investors want. It's profitable, it has plenty of room to grow as AI investments expand, and its shares are relatively well priced with a forward price-to-earnings ratio of 34, compared to the tech-heavy Nasdaq-100 's 26.4. For all of those reasons, Nvidia looks like the far better AI stock right now.

the chip maker saw its market value drop by $593 billion, the biggest one-day drop for any listed company on record.