“The Long Knives Are Out” For NVIDIA Corporation (NVDA), Says Jim Cramer

Core Viewpoint - NVIDIA Corporation (NASDAQ:NVDA) experienced a 3.9% decline in share price following Broadcom's announcement of a $10 billion deal for a custom AI chip, which may involve OpenAI as the customer. Despite this, Jim Cramer emphasizes the strength of NVIDIA's partnerships and the optimistic outlook presented by CFO Colette Kress at a Goldman Sachs conference [2]. Group 1 - NVIDIA's shares fell by 3.9% last week after Broadcom's $10 billion AI chip deal announcement [2]. - Jim Cramer believes that NVIDIA has a strong partnership with the potential customer, likely OpenAI [2]. - CFO Colette Kress projected significant growth, stating that by the end of the decade, the market could reach three to four trillion without any slowdown [2]. Group 2 - While NVIDIA is recognized as a potential investment, there is a belief that other AI stocks may offer higher returns with limited downside risk [3]. - A report suggests looking for extremely cheap AI stocks that benefit from Trump tariffs and onshoring for short-term gains [3].