We recently published Jim Cramer Talked About These 8 Stocks & The Quantum Computing Dip. NVIDIA Corporation is one of the stocks Jim Cramer recently discussed.
Rarely a day goes by without Cramer discussing the world’s most valuable company, NVIDIA Corporation. He is one of the firm’s biggest fans and interviewed CEO Jensen Huang recently. Following the interview, Cramer countered perceptions of NVIDIA Corporation being involved in circular deals. This time, he commented on the firm after co-host Carl Quintanilla mentioned that it appeared to be on the defensive following AMD’s deal with OpenAI:
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“When we spoke with Jensen Huang last week, by the way. . I wanted to talk about NVIDIA because the earnings power is much greater than Jared Bernstein thinks. I do think that NVIDIA has more business than it can handle. It offers a full stack that includes a lot of software. I think AMD’s, their next model that comes out in the middle of next year, has got the same capabilities of the hardware side. But NVIDIA offers a lot more than just the hardware side. And by next year this time NVIDIA’s going to have a new chip that’s going to be much faster. Look, everybody needs every single chip because this is one of those situations where you can’t afford to not have chips”
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This article is originally published at Insider Monkey.
