2 Cheap Tech Stocks I'm Buying Right Now

Market Overview - Current market conditions are characterized by intense headwinds, including international tensions, pressured trade networks, and persistent inflation affecting consumer spending power [1] - Despite these challenges, there are opportunities as several world-class companies are trading at significant discounts to their long-term potential [2] Nvidia - Nvidia is recognized as the leading designer of specialized computer chips essential for gaming and advanced AI systems [4] - Since the beginning of 2025, Nvidia shares have decreased by 27% from their 52-week high, leading to a valuation of 24 times forward earnings, which is half of its valuation at the end of 2024 [5] - The recent Graphics Technology Conference highlighted Nvidia's technological advancements, with a three-year GPU roadmap that reinforces its market position [6] - Nvidia's proprietary Compute Unified Device Architecture (CUDA) software creates substantial switching costs, solidifying its role as a critical infrastructure provider for AI development [7] - The current valuation of Nvidia presents a rare opportunity for investment in a key player in the computing sector [8] Alphabet - Alphabet is a cornerstone of the digital economy, with its Google search engine, YouTube, and expanding cloud infrastructure shaping global information flow [9] - Alphabet's stock has fallen 28% from its 52-week high since early 2025, presenting a buying opportunity with shares priced at 17.8 times forward earnings, below the S&P 500's average [10] - The company's strong positioning in high-growth sectors, particularly in advertising and cloud computing, enhances its valuation appeal [11] - A proposed acquisition of cloud security company Wiz for approximately $32 billion could strengthen Alphabet's competitive position in the enterprise cloud market [12] - Despite antitrust concerns, Alphabet's diversified business model and investments in AI and cloud computing make it a foundational technology holding at an attractive valuation [14]