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Jim Cramer Notes “The Total Addressable Market for NVIDIA’s Products Keeps Expanding”

NVIDIA Corporation (NASDAQ:NVDA) was among Jim Cramer’s recent stock calls on Mad Money. Cramer recommended buying the stock on any dip, as he stated:

NVIDIA’s the answer to so many of the problems that these big hyperscaler companies have… This isn’t a zeitgeist play; it’s a pure earning story. Ben Reitzes from Melius Research, the man who was really on board the earliest on NVIDIA, says NVIDIA’s doing so well, yet it only sells at 15 times earnings, well shy of the average stock of the S&P 500. That’s just plain crazy. We have to wait until May 20th to see the actual numbers, but I think you want to own it ahead of time. Buy it on any dip. Hurting NVIDIA is a perception that Google and Amazon are moving away from the company, developing their own chips. The reality is that both companies are huge NVIDIA clients. They aren’t going anywhere. Reitzes is looking for OpenAI to come into NVIDIA big with its next software iteration. He says there could be many more big customers coming.

The total addressable market for NVIDIA’s products keeps expanding. It must be exhausting to be NVIDIA’s CEO Jensen Huang, who’s out there endlessly explaining the fourth industrial revolution, and how it’s all built on the back of NVIDIA. He’s constantly challenged by analysts and commentators who are so off base and they just don’t, they don’t understand the premise. I watched him have to debate a host who was talking about how good the Amazon and Google chips are. Jensen retorted that if they’re so good, why aren’t they willing to benchmark them with the organizations that measure these things? It’s NVIDIA that’s willing to be benchmarked, and they always come up aces. There are plenty of stocks to buy to participate in the fourth industrial revolution. Just remember, though, there would be no revolution without NVIDIA.

NVIDIA Corporation (NASDAQ:NVDA) develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technologies.

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 15 Stocks That Will Make You Rich in 10 Years 

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Wall Street calls this $3 stock a “Melting Ice Cube.” They said the same thing about BTI before it returned 90%.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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