NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks that Jim Cramer shared his take on. During the episode, Cramer said that he is not changing his “tune” around the company, as he said:
“No matter what, though, I still believe in AI as the fourth industrial revolution, and I think most of these stocks will be worth buying once their valuations come down to less lofty levels. And of course, I’m including NVIDIA, which people ask me about all the time. And I say the same thing. I say, own it, don’t trade it. I’m not changing my tune.”
NVIDIA Corporation (NASDAQ:NVDA) develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technologies. Cramer discussed the company’s China business during the December 9 episode and said:
“Now that our government just agreed with Jensen and is allowing NVIDIA to sell the Chinese a very high-powered chip, the H200, only one generation behind the current Blackwell line of chips, and worth a great deal in the market, nobody cares. In a novel approach, the federal government’s putting a 25% surcharge on the product, but I don’t think that’s going to deter any sales. And what happens? Wall Street shrugs. The media is almost universally filled with doubts about China even wanting these chips, which is totally untrue… That’s why the stock’s doing nothing. It fell 58 cents today to close at $184.97 because of these untruths.
