Samsung and DeepSeek Deliver Massive News for Nvidia, Micron, Intel, and AMD Stock Investors!

Parkev Tatevosian, CFA•Jul 9, 2026

Summary

Parkev analyzes the recent market volatility in the semiconductor sector, which saw significant price drops for major players like Intel and Micron. Parkev attributes this downturn to two main catalysts: a Chinese startup named DeepSeek announcing its own AI chip to reduce reliance on Nvidia, and Samsung reporting cautious outlooks regarding AI spending despite strong profit growth. Parkev believes the market is overreacting to the DeepSeek news because regional restrictions prevent Chinese firms from effectively competing with Nvidia's global dominance.

Parkev emphasizes the importance of individual stock valuation rather than viewing the semiconductor industry as a monolith. Parkev uses forward-looking metrics such as price-to-earnings and EV/EBITDA to argue that some stocks have outpaced their fundamental prospects while others remain significantly discounted. Parkev maintains a positive long-term view on the industry, citing future catalysts like driverless cars, robotics, and healthcare technology that will eventually succeed the current data center expansion boom.

Nvidia (NVDA): Parkev argues that Nvidia is currently undervalued with a calculated fair value of over $313 per share compared to its current price of approximately $196. Parkev believes the competitive threat from Chinese firms is minimal and that Nvidia's high profit margins are sustainable in the near term. Parkev already owns the stock and expresses a strong interest in adding more to the position at these levels.

Micron (MU): Parkev states that Micron is a highly attractive opportunity following its 6% price decline, calculating a fair value of over $1,500 per share. Parkev highlights the company's long-term strategic customer agreements and the persistent demand for memory components in AI data centers. Parkev considers the current trading price of $938 to be a significant discount to its intrinsic value.

Intel (INTC): Parkev warns that Intel remains overvalued despite a 10% drop in share price, as Parkev's calculated fair value for the company is only $51 per share. Parkev argues that the stock price has risen too far ahead of the company's actual delivery capabilities and financial prospects. Parkev does not view this dip as a buying opportunity and advises caution regarding the stock.

AMD (AMD): Parkev believes AMD is trading at an unsustainable premium, with a market price around $510 compared to Parkev's fair value estimate of $381. Parkev suggests that the enthusiasm surrounding the AI trade has pushed AMD's valuation well beyond its fundamental earnings potential. Parkev has been warning investors about AMD's overvaluation for several weeks and expects more downward pressure.

Mentioned Stocks

Sentiment: BUYAction: RECOMMENDED

Reasoning: Parkev views Micron as an attractive opportunity with a fair value estimate of over $1,500 compared to a current price of $938. Parkev notes strong demand visibility for memory components in data centers spanning several years.

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NVDA

Sentiment: BUYAction: RECOMMENDED

Reasoning: Parkev calculates a fair value of over $313, while the stock trades around $196. Parkev believes competition from DeepSeek is limited by regional restrictions and that Nvidia remains the primary beneficiary of the AI boom. Parkev already owns the stock and wants to buy more.

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AMD

Sentiment: SELL

Reasoning: Parkev believes AMD's market price of $510 is significantly higher than its fair value of $381. Parkev has been warning investors about this valuation gap for weeks, stating that the stock is trading well ahead of its fundamental performance.

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INTC

Sentiment: SELL

Reasoning: Parkev warns that Intel is overvalued even after its recent 10% price decline. Parkev calculates the fair value at only $51 per share and believes the stock price has outpaced the company's actual business prospects.

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