Jim Cramer on NVIDIA: “Betting Against Jensen Has Been a Surefire Way to Lose Money”

NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer weighed in on. During the episode, Cramer noted that betting against the company’s CEO has not been a good idea for a long time. He commented:

“When the company reported late May, with the ban on H20 sales still in place, Jensen came on Mad Money and he had this to say, keep the faith. ‘Our president wants America to win, and he also recognizes that this is an important market, it’s a very large market, and the revenues that it could generate for the United States is significant. It’s just incredible. $50 billion this year. Look, we’re talking about the size of a Boeing, not a Boeing plane, Boeing the company. This is an enormous market.’

It seemed fanciful, didn’t it? But then again, betting against Jensen has been a surefire way to lose money for decades. Since then, there’s been a lot of back and forth between Jensen and the White House… We only knew that Jensen pressed the case, that to me, it seems so incredibly compelling… Jensen, fresh off of NVIDIA hitting a $4 trillion valuation, something that President Trump applauds, came to the White House with a novel proposition.

He said that if you sell the H20 chip stack to China, you can have bragging rights to be the reserve semiconductor standard for the world… The Chinese will be paying billions for NVIDIA’s H20 chips. I posted the good news on letter X and said that it should reverse the futures… When I wake up five hours later to work out, and the futures have turned right on schedule, I’m flying high. Could this be a mistake-free earning season? I ponder.”

Jim Cramer on NVIDIA: "Betting Against Jensen Has Been a Surefire Way to Lose Money"

A close-up of a colorful high-end graphics card being plugged in to a gaming computer.

NVIDIA (NASDAQ:NVDA) delivers advanced computing, graphics, and networking solutions across AI, gaming, robotics, and automotive sectors. The company’s portfolio includes GPUs, cloud platforms, and enterprise software.

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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Disclosure: None. This article is originally published at Insider Monkey.