Jim Cramer defends NVIDIA (NVDA) after AMD’s OpenAI deal

We recently posted 16 stocks Jim Cramer mentioned in an episode where he said OpenAI could beat all the big tech giants. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks that Jim Cramer recently discussed.

Shares of NVIDIA Corporation (NASDAQ:NVDA) fell after AMD and OpenAI announced a deal in which the latter will buy chips from the former. However, Cramer was unaffected by the stock’s decline as he dismissed the idea that NVIDIA Corporation (NASDAQ:NVDA) will face any slowdown in demand:

“Yes, I mean a lot of people felt like there was going to be a lot of demand from Broadcom. But it didn’t happen. I know what that tells me about NVIDIA is look, they’re getting there, and they have a bigger vision because it’s ten gigawatts. The power is amazing, the amount that they need. I think that, in the end, I know this is going to look ridiculous, I think everyone wins. So NVIDIA’s price is down maybe five or six Today. Then you have to buy it. Because I don’t think there is any change in demand.

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“Jensen knows that Meta should have social media and glasses. He knows that self-motivation is Musk. He knows that bot is Musk. He knows that Google is search. Nobody wants to be Bing! That means not being Bing! And I think people don’t understand, shame on Microsoft that (inaudible) Bing has been leading them for years.”

Although we recognize NVDA’s potential as an investment, our conviction lies in the belief that some AI stocks hold greater promise for higher returns and have limited downside risk. If you’re looking for a super-cheap AI stock that’s also a major beneficiary of Trump’s tariffs and goods reshoring, check out our free report on Best AI stocks for short term.

Read next: 30 stocks should double in 3 years and 11 Undercover AI Stocks You Can Buy Now.

Disclosure: None. This article was originally published on The monkey inside.