$NVIDIA Corp(NVDA)$ KEY POINTS Nvidia is arguably the leading semiconductor stock right now. It has not escaped the recent downturn among tech stocks. Despite its dependence on production facilities in a potentially dangerous region, the stock does not trade at a discount. Nvidia is considered by some to be the world's leading semiconductor company. Its GPUs power applications in artificial intelligence, virtual reality, and data centers, and its massive growth has sent the stock price to record highs. Its technical lead should help keep it a long-term winner for some time to come. But all those positives have not helped Nvidia escape the sell-off in tech stocks, and its stock price has dropped more than some of its mega-tech counterparts. Amid