Jim Cramer Points Out "Misinterpretation" Regarding President Trump's Comments About NVIDIA (NVDA)

We recently published 11 Latest Stocks Jim Cramer Talked About. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed.

AI GPU designer NVIDIA Corporation (NASDAQ:NVDA) has been in the news lately after President Trump’s meeting with Chinese Premier Xi Jinping. The firm’s CEO, Jensen Huang, has discussed his firm’s business in China, and the President recently clarified that he would ensure that NVIDIA Corporation (NASDAQ:NVDA)’s latest AI chips were not sold in China. Cramer discussed the remarks after co-host Carl Quintanilla mentioned a Loop Capital report for the firm:

“[On Loop Capital setting a $350 price target and saying 73% upside would take you to $8.5 trillion and calling it a golden age of AI] Look there’s been some misinterpretation of what the President said. He did say that NVIDIA is going to do business with China which is important, just not necessarily sell them the greatest Blackwell.”

Recently, Cramer discussed the impact of big tech’s spending on NVIDIA Corporation (NASDAQ:NVDA):

“By the way, when Meta spends that money, you better believe that a ton of it goes to Nvidia. So talk about guilt by association. If Meta stock is going to get punished for spending money at Nvidia, then a lot of money managers will assume it’s time to sell Nvidia, the $5 trillion monster. I disagree. And I do, I worry about what the president’s going to do with China and Nvidia, of course. Hey, if you’re an Nvidia-holic as I am, you bet I’m worried.”

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.

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.