Jim Cramer Highlights NVIDIA CEO's GTC Paris Keynote Speech's Significance

NVIDIA Corporation (NASDAQ:NVDA) is one of the 11 stocks on Jim Cramer’s radar. Cramer noted that NVIDIA Corporation’s (NASDAQ:NVDA) CEO hinted at a possible deal that could help the company out.

“Wednesday morning, we should have a report about what Jensen Huang, the CEO of NVIDIA, said at the GTC conference this time in Paris. When I spoke with Jensen not that long ago, he lamented that the federal government wouldn’t allow his company to sell a huge amount of chips in China. Jensen said he has a solid relationship with the president and that the president has a plan. He made it sound like there could conceivably be a deal that would be incredibly impactful. [Referring to the U.S.-China trade talks that are to be held in London on Monday] So now we go back to this. What he’s [Huang] saying and what happens from this [above-mentioned trade talks] are probably the two most important things of the week.”

NVIDIA (NASDAQ:NVDA) provides advanced graphics, computing, and networking solutions, including GPUs, data center platforms, AI software, and tools for robotics, gaming, automotive systems, and industrial applications. The company also provides customized technologies and cloud services.

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.

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