Jim Cramer Discusses NVIDIA (NVDA) Shares

We have recently published Jim Cramer Discussed AI Circular Deals, Top Quantum Plays & These 22 Stocks. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks discussed by Jim Cramer.

AI chip giant NVIDIA Corporation (NASDAQ:NVDA)’s shares have performed well over the past month, as they are up by 16.5%. During this period, Cramer has wondered on several occasions why the stock had struggled. Year-to-April, NVIDIA Corporation (NASDAQ:NVDA)’s shares were down by 7.7%, but after the latest run, they are up by 10.3%. Bernstein recently discussed the firm as it remarked that NVIDIA Corporation (NASDAQ:NVDA) was no longer a gaming GPU company, as it relied on high-end AI GPUs to drive margins up. As the shares continue to perform well, Cramer was vindicated when he outlined that the stock hadn’t gone up as much as he would have liked. The CNBC TV host also added that the fact that NVIDIA Corporation (NASDAQ:NVDA)’s Vera Rubin required a lot of CPUs meant that Intel’s shares might be worth buying:

“NVIDIA still hasn’t gone up as much as I like.

“Very disappointing reaction. But David, it’s all about, TSMC, what they said, Taiwan Semi, was that Vera Rubin which is the latest of NVIDIA, needs a lot of CPUs. And that was the clarion call to go buy Intel, which I still think is a buy and go buy AMD which hit an all time high yesterday.”

Jim Cramer Discusses NVIDIA (NVDA) Shares

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.

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