Jim Cramer Defends NVIDIA (NVDA) After AMD’s OpenAI Deal

Group 1 - Jim Cramer recently discussed NVIDIA Corporation (NASDAQ: NVDA) in the context of its competitive position against other tech giants, particularly after AMD and OpenAI announced a deal for chip purchases [1][2] - Despite a slight decline in NVIDIA's shares, Cramer remains confident in the company's demand outlook, suggesting that the market's reaction is overblown and that NVIDIA's long-term prospects remain strong [1][2] - Cramer emphasized the importance of understanding the broader tech landscape, noting that companies like Meta and Google are also navigating their own challenges, which could impact their competitive positioning [2] Group 2 - There is a belief that while NVIDIA is a solid investment, other AI stocks may offer greater potential for higher returns with less risk [2] - The article hints at the existence of undervalued AI stocks that could benefit from current market conditions, including tariffs and onshoring trends [2]