We recently published 14 Latest Stocks on Jim Cramer’s Radar. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed.
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NVIDIA Corporation (NASDAQ:NVDA)’s shares fell by 3.9% last week after Broadcom revealed that it had landed a $10 billion deal for a new custom AI chip customer. While reports suggest that the customer could be OpenAI, Cramer believes that the firm has a strong partnership with NVIDIA. This time, he commented on CFO Colette Kress’ appearance at a Goldman Sachs conference and the pessimistic sentiment surrounding NVIDIA Corporation (NASDAQ:NVDA):
“And I’m not getting that at all from NVIDIA. But you know what, a lot of people are saying come on NVIDIA, stop it with the NVIDIA. I mean Colette Kress spoke last night. . .CFO of NVIDIA [at] Goldman Sachs. . .Communacopia. . . If you listened to Colette Kress who was saying three trillion, four trillion, at the end of the decade, you’re not going to have any slowdown. And that’s just a chart that is, that chart’s ludicrous.
While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
