NVIDIA Corporation (NVDA): Stock Has Benefited From US-China Negotiations, Says Jim Cramer

We recently published Jim Cramer Discusses These 12 Stocks & Says Trump’s Winning. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed.

NVIDIA Corporation (NASDAQ:NVDA), one of Cramer’s favorite stocks, has continued to delight him in the second quarter. Even though the shares struggled throughout this after the DeepSeek selloff, Cramer remained a NVIDIA Corporation (NASDAQ:NVDA) bull as he pointed out that not only will the firm benefit from robust AI demand but also from future adoption and growth in humanoid robots. This time around, he commented on some of the drivers of the stock’s performance:

“[On Citi going to $190 on an expanded total addressable market] I think that people should read if they have access to Citi’s notes. They’ve got a tag team of great analysts there. And, I agree with everything that they wrote because this is the ascendant time. I don’t think people realize that this market has been in the grips of high price-to-earnings multiple capital software that frankly is not doing nearly as much.”

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

“And the NVIDIA came up! I mean one of the. . look at the NVIDIA comeback. I mean without China which was Jensen Huang had said could be a fifty billion dollar opportunity with a 4.5 billion dollar write-off. They managed to get to an all-time high! A lot of people felt that NVIDIA was done. When the stock touched a hundred. What a comeback. Now some of that is because of sovereign that the President went and developed new markets for them. I do think we’re not paying enough attention to the CAdence, Synopsis deals, where the President has green lit. They are the two best partners of NVIDIA. And I keep thinking of what Jensen Huang said on Mad Money which was that I trust the President. He trusts the process. And the process would be having Cadence and Synopsys in there because those are one or two of the most important players that then you have NVIDIA, you tend to have Cadence and Synopsys. So it. would be natural if the government of China would say you know what, we’re going to get long term rare mineral deals not the short term deals in return for a different version of NVIDIA. And that’s what I felt NVIDIA’s stock has showed. That that’s a possibility. That’ll be something.”

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