Jim Cramer Says “NVIDIA is the Most Supply-Constrained of All”

NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks on Jim Cramer’s radar recently. Cramer mentioned the company during the episode and said:

“And of course, NVIDIA is the most supply-constrained of all. They’re supply-constrained on everything. That’s how you become the biggest company in the world.”

NVIDIA Corporation (NASDAQ:NVDA) develops computing and graphics technologies that power gaming, data centers, AI, and automotive applications. During the October 14 episode, Cramer discussed the stock and stated:

“Now, of course, we don’t want the data center to be down, but we’re seeing some signs of something that represents a change of pace. Look, we love NVIDIA around here, you know that, because it owns the market for accelerated computing and generative AI, or maybe I should say owned because today Lisa Su’s AMD won a big order from Oracle to supply chips for data center build-out, which happens to be the biggest in the room, well, let’s call it the world. Today, the market disagreed. NVIDIA got hit while AMD barely rallied.”

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.