Jim Cramer Still Can’t Believe NVIDIA Corporation (NVDA)’s Share Price Performance

We recently published Jim Cramer Discussed These 22 Stocks Including A Hidden Oil & Energy Play. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks discussed by Jim Cramer.

Even though the shares remain lackluster, Jim Cramer is refusing to give up on AI chip giant NVIDIA Corporation (NASDAQ:NVDA). The CNBC TV host continues to believe that the firm is one of the top companies in the world. NVIDIA Corporation (NASDAQ:NVDA)’s shares are up by 28% over the past year and by 11.7% year-to-date. TD Cowen reiterated a Buy rating and a $275 share price target on the firm on July 2nd. The financial firm discussed NVIDIA Corporation (NASDAQ:NVDA)’s hardware and software integration to argue that it held a key competitive advantage as we head into the next phase of the artificial intelligence wave. In this appearance, Cramer complained that NVIDIA Corporation (NASDAQ:NVDA)’s shares simply appeared to be stuck:

“I will tell you that once again NVIDIA was up a dollar, people thought that it was going to trade with the Sandisks of the world, and it’s going back and it’s trading with its own world. Just stuck. It’s just stuck.”

Pixabay/Public Domain

He continued to discuss the shares in a tweet:

“Is Nvidia now sufficiently given up on that it can have the run that the more expensive SanDisk has had now that the Hynix deal is over and you don’t have to sell a semi to buy a semi????”

Baron Opportunity Fund discussed NVIDIA Corporation (NASDAQ:NVDA) in its Q1 2026 investor letter:

NVIDIA Corporation remains the dominant platform for AI training and inference. At GTC, the company unveiled a more diversified product roadmap — including Vera CPU-only servers for agentic workloads and an expanded inference strategy — reflecting the organizational agility we look for in management teams. We continue to view NVIDIA as the leading merchant platform for bringing AI to the world, with a long runway driven by enterprise adoption and Physical AI.

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 the cheapest AI stock.

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