We recently published Jim Cramer’s Latest Thoughts On Cisco, NVIDIA & Other AI Stocks. NVIDIA Corporation (NASDAQ:NVDA) is one the stocks discussed by Jim Cramer.
AI GPU giant NVIDIA Corporation (NASDAQ:NVDA) is in the news these days as its CEO Jensen Huang visits China with President Trump. Over the past month, the stock is up by 16%. Wells Fargo discussed the firm on May 12th as it raised the share price target to $315 from 265 and kept an Overweight rating on the stock. The bank outlined that NVIDIA Corporation (NASDAQ:NVDA)’s shares are quite cheap as they are a buy at less than 20 times price to earnings. Cramer discussed the discussions between the US and China and his take on the firm’s valuation and whether it’s better to let the Chinese have NVIDIA Corporation (NASDAQ:NVDA)’s chips:
“Yeah okay so there’s nothing new here. The US is in favor of selling, it’s Xi who has blocked it and he’s done it a little bit sub rosa. But no one’s ordered any chips. And I think people have to understand, you actually think they’re actually doing a lot of business with China, they’re not, there’s actually 53 billion dollars worth of business that may or may not go his way, it was great that he got picked up in Alaska, and I think it’s really important for our country. Look, the big debate is, would it be better to have control of everyone worldwide use NVIDIA, or if you let China not have it, they’ll just fund all these other companies that are therefore in the space race against us.
“Well Jensen is, he says listen, if you’re patriotic, you’re gonna want to make it so that everybody writes on our chips and make us all powerful. Look I agree with him for what that’s worth, but, I’m an acolyte. I do think that people should recognize, that of all the things that the Chinese want, it is Jensen’s chips. Because they don’t have them.
“What happened ultimately, is that became cheaper, than AMD. But it’s a faster grower. And it’s a good cop, and when you look at it, you say, how did NVDIA get so cheap?. . .what’s happened in the last three months is that people sold it, they just sold it, and sold it, and sold it. So now there’s actually some people who. don’t own it.”
Weitz Investment Large Cap Equity Fund discussed NVIDIA Corporation (NASDAQ:NVDA) in its Q1 2026 investor letter:
“One takeaway from our ongoing portfolio analysis was that we did not have enough exposure to “what could go right?” stocks. Over the years, our team has done extensive work on companies with exceptional or plainly improving business trends. Along the way, we have tried to follow Mr. Buffett’s advice not to “pay a very high price for a cheery consensus” for their stocks. And, in many cases, we have been left in the dust. The “March Madness” market turmoil gave us a chance to own five new “on deck” companies at reasonable-to-good prices across a range of scenarios.
Over time, our investment team has built a deep knowledge base within the semiconductor industry. Three of our five new portfolio additions reside in the semiconductor value chain. The AI data center infrastructure buildout has been “the” theme of the past few years, and it is no stretch to say that ASML, Taiwan Semiconductor, and NVIDIA Corporation (NASDAQ:NVDA) have been three of the best companies in the world. NVIDIA has a linchpin position in the accelerated computing revolution, with a complete ecosystem fueled by an integrated hardware and software platform.” (Click here to read the full text)
While we acknowledge the risk and potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA and that has 10,000% upside potential, check out our report about this cheapest AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
Disclosure: None. Follow Insider Monkey on Google News.
Hedge Fund Resource Center