Tony Zhang of OptionsPlay says Nvidia trades at a discount to the semiconductor sector, with forward P/E multiples of 22-25x near the $200 support level.

Shares of Nvidia have been faltering recently – and Kalshi traders predict that what the company can charge for chips is also declining.

Tony Zhang of OptionsPlay says Nvidia trades at a discount to the semiconductor sector, with forward P/E multiples of 22-25x near the $200 support level.