Nvidia (NASDAQ: NVDA) stock is starting this week's trading off with another round of sell-offs. The company's share price was down 4.1% as of noon ET Monday amid a 2% decline for the S&P 500 (SNPINDEX: ^GSPC) and a 3.

Depending on how you look at it, Nvidia Corp.’s stock can be seen as quite cheap, according to a Melius Research analyst. The semiconductor stock has a forward multiple of price to earnings that’s 41% below where it was the day that ChatGPT made its debut in late 2022,

Nvidia stock fell on Monday despite more signs that demand for the chip maker’s artificial-intelligence products remains high. Shares dropped 5.1% to $106.98, their lowest close since Sept. 9, according to Dow Jones Market Data.

Nvidia (NASDAQ: NVDA) and Bitcoin (CRYPTO: BTC) don't have much in common, but they have been two of the best-performing investments over the last five years, obliterating the S&P 500 (SNPINDEX: ^GSPC) index by several orders of magnitude: Start Your Mornings Smarter!