Jim Cramer Says AI Is Back & Discusses These 10 Stocks

3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders In Q4 2024: 223

NVIDIA Corporation (NASDAQ:NVDA) is the world’s leading AI GPU designer whose stock has struggled this year. Investor concerns about the demand for AI GPUs and growing US restrictions against GPU sales to China are some of the factors that have impacted the stock. Cramer’s previous remarks have defended NVIDIA Corporation (NASDAQ:NVDA) and asserted that the firm will experience sizable demand. Here are his recent thoughts:

“And that and the fact Jensen Huang hasn’t said a thing other than the President and the stock is finally getting out of its way.”

“Well how about the fact that Jensen Huang said the whole time they’re buying, they’re ordering, they’re ordering, and people didn’t care what Jensen’s saying. He was out of favor. And then Michael Intrator comes in and says they’re ordering, they’re ordering, what journalist had decided to sabotage this thesis?” “And they’re, both Microsoft and Meta have one single problem that the liars who used, who come on air all the time, maybe they’ll realize they’re lying, maybe they’re just brainwashed. These guys all need more NVIDIA, They all need more data center. I mean that was the theme. I thought the theme was there’s too much NVIDIA and there’s too much data center. David, there was a false narrative that started ever since. . . the DeepSeek Sputnik. And now you have Jensen Huang, explaining to President Trump, how you have to be able to have more countries and we don’t know whether he’s going to win.”