Jim Cramer Says "We Love NVIDIA Around Here"

NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed. Cramer reiterated his love for NVIDIA and commented:

“Now, of course, we don’t want the data center to be down, but we’re seeing some signs of something that represents a change of pace. Look, we love NVIDIA around here, you know that, because it owns the market for accelerated computing and generative AI, or maybe I should say owned because today Lisa Su’s AMD won a big order from Oracle to supply chips for data center build-out, which happens to be the biggest in the room, well, let’s call it the world. Today, the market disagreed. NVIDIA got hit while AMD barely rallied.”

Photo by Javier Esteban on Unsplash NVIDIA Corporation (NASDAQ:NVDA) develops advanced computing technologies, including GPUs, AI platforms, and data center solutions for gaming, visualization, and enterprise applications. Cramer mentioned the company during the October 8 episode. He remarked:

“I’ve been saying you either believe in the fourth industrial revolution as described by NVIDIA’s CEO, Jensen Huang, or you don’t. The bears don’t believe it. Could they be right? Of course. But I’ve been telling people to just buy NVIDIA since I named my dog after the company when the stock was just under $4, and now it’s at 189 bucks. So far, it’s paid much more to be a believer. That goes double on a day like today… As Jensen Huang, the CEO of NVIDIA, put it, ‘We’re a couple hundred billion dollars into a multi-trillion dollar infrastructure build-out.’ In other words, he thinks we’re not even 10% through this transformation. I think he knows more than the bears.”

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. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.