Jim Cramer Discusses NVIDIA (NVDA) CEO's Comments About US, China, And AI

We recently published Jim Cramer Discussed These 25 Stocks In An Important Show About AI Spending. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed.

AI chip designer NVIDIA Corporation (NASDAQ:NVDA) was in the news last week after CEO Jensen Huang commented that the US was going to lose to China in the AI race. Cramer discussed the firm’s chips and provided his opinion about the CEO’s comments to the Financial Times:

“Wow, I’ll tell you, Jensen mentions the crucial thing and people, this is the argument that I think some in the administration fail to understand, which is you have all these developers all over the world. And that’s who you’re trying to win over. And you don’t know whether the developer is going to develop right, so called right, on China or on us. Whoever the [inaudible] writes for, wins. And Jensen, I think is saying, in terms of cynicism, look, we don’t want the Chinese to win, but the only way to win is to get many software writers to write on NVIDIA and then it doesn’t matter. You encircle China, so then China has to fold. I don’t understand why the people in the government don’t understand that.”

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Disclosure: None. This article is originally published at Insider Monkey.