We recently published 13 Stocks That Jim Cramer Recently Talked About. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed.
NVIDIA Corporation (NASDAQ:NVDA) has started to become a regular feature on Cramer’s morning show as it solidifies its position as the world’s most valuable company. In his earlier remarks about the firm, the CNBC TV host has praised the firm’s CEO, Jensen Huang, and his success in convincing the Trump administration to lift GPU sales restrictions on China. Once the restrictions were lifted, the market started speculating whether NVIDIA Corporation (NASDAQ:NVDA) could meet Chinese demand. Cramer discussed this issue in the context of EDA provider Cadence’s recent results:
“By the way, Cadence, that is, when people look at Cadence, the number one partner is NVIDIA. Now NVIDIA also has the story out there, but not confirmed by me, that there’s, the H20 orders from China are huge. There had been some talk that maybe they wouldn’t be. Cadence is a fantastic company. And I think that that was the sign that NVIDIA is in great shape in China. NVIDIA’s doing so well, what are you going to do? It just keeps, it’s just relentless.”
Here’s what he said earlier about NVIDIA Corporation (NASDAQ:NVDA):
“Okay, I’m getting a lot of pushback for my like of Jensen Huang, saying he’s really a globalist. It’s not what we want. I’m saying, if everything is based on his chips, we are a new kind of reserve currency. And it’s kind of exciting. . .new semiconductor, it’s another thing that we’re great at. That’s Jensen. And Jensen, see a lot of this is what it’s written on, what are they going to build on. . .and if you have to write on NVIDIA, David, instead of Huawei, the Chinese could end up being the pitiful, helpless giant.”
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Disclosure: None. This article is originally published at Insider Monkey.