Jim Cramer Explains Why He Says “Own, Don’t Trade the Stock of NVIDIA”
Group 1 - NVIDIA Corporation (NASDAQ:NVDA) has faced significant stock price declines due to Alphabet's decision to adopt its own chips, reducing reliance on NVIDIA's products [1] - The competitive landscape is intensifying as Meta is reportedly willing to purchase chips from Google at a lower cost, further impacting NVIDIA's market position [1] - NVIDIA develops a range of technologies including accelerated computing, AI platforms, gaming GPUs, cloud services, robotics, and automotive technologies [2] Group 2 - While NVIDIA is recognized for its potential as an investment, there are other AI stocks that may offer greater upside potential with less downside risk [3]