$NVDA is becoming more and more undervalued, and the competitive threat from TPU and Trainium are red herrings, says @firstadopter. "The stock is almost as cheap as it's ever been. It's trading at 19x forward P/E. That's below the S&P 500, which is growing at like 10%. Nvidia's growing at 80%." "The numbers that people put out there for the competition is a rounding error. It's a low-single-digit number compared to what Nvidia's going to grow over the next few years." "What people keep…