NVIDIA (NVDA)'s List of Clients Is "Insanely Long," Says Jim Cramer

We recently published 9 Stocks Jim Cramer Talked About.  NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer talked about recently.

AI giant NVIDIA Corporation (NASDAQ:NVDA)’s shares are up by a modest 35% year-to-date and have lost 7% since November start. The stock has struggled as markets worried about an AI bubble and a slowdown in the data center buildout. Recently, however, NVIDIA Corporation (NASDAQ:NVDA) has made some big news. For instance, the firm entered into a licensing agreement with AI chip startup Groq. After the announcement, Bernstein dubbed the deal a “tech and talent grab” instead of an acquisition. Over the past couple of weeks, Cramer has focused on NVIDIA Corporation (NASDAQ:NVDA)’s exposure to China sales and the firm’s upcoming Vera Rubin AI GPUs. He commented on these factors this time as well:

“And by the way, NVIDIA, once again, we heard people saying, well listen, they’re not going to sell as much in China. No, no, NVIDIA is, got a list of clients that want their products that’s insanely long. But they don’t beat their chest. And all the other guys constantly tell you how good they are. And they’re going to get blown away when Vera Rubin comes out, they’re gonna regret that they made claims, where they really are going to end up being non playoff contenders.

“But then when you go to GTC, I mean, you’re like, wow, I just said really good things about Google’s chip, I realize now Google saves more money, but you can’t base everything on Google’s stuff.”

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.

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