NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer weighed in on. Cramer talked about the Chinese antitrust investigation against the company, as he commented:
“Take NVIDIA… I read that there’s a Chinese entity that says NVIDIA violated an antitrust law. The stock’s down three, then four, then five. I get fed up and I take to the X, ‘Usual Nvidia shareholder freak out on suboptimal China news. Join the club and stop panicking, will you?’ That was a reference to my own, own it, don’t trade it policy on the stock of NVIDIA. It doesn’t stop, though.
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NVIDIA Corporation (NASDAQ:NVDA) provides GPUs for gaming, professional visualization, and enterprise graphics, along with cloud and AI-powered software solutions. Additionally, it delivers data center, automotive, robotics, and networking platforms supporting advanced computing and industrial applications.
While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.