NVIDIA Unveils Rubin CPX GPU as Cramer Adds It to Long-Term Growth Picks

Core Insights - NVIDIA Corporation has been recognized as one of Jim Cramer's stock picks for long-term growth following strong second-quarter results and the launch of a new GPU [1][4] - The company's second-quarter 2026 revenue reached $46.74 billion, reflecting a 56% year-over-year increase, with significant contributions from Blackwell Data Center revenue, which grew by 17% quarter-over-quarter [2] - The newly unveiled Rubin CPX GPU is designed for AI video and software creation, addressing the complexities of AI tasks, and has positively impacted the company's stock performance, which increased by 6.47% during the week of the announcement [3] Company Overview - NVIDIA Corporation, founded in 1993 and headquartered in California, is a global leader in designing GPUs for gaming, professional markets, artificial intelligence, data centers, and autonomous vehicles [5] - Institutional interest in NVIDIA remains robust, with 235 hedge funds currently invested in the stock, indicating strong market confidence [4]