Jim Cramer on NVIDIA (NVDA): “I’m Not Changing My Tune”

Core Viewpoint - NVIDIA is viewed as a long-term investment opportunity, particularly in the context of AI being recognized as the fourth industrial revolution, despite current high valuations [1]. Company Overview - NVIDIA develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics, embedded systems, and automotive technologies [2]. Market Dynamics - The U.S. government has approved NVIDIA to sell the H200 chip to China, which is only one generation behind the current Blackwell line and holds significant market value [2]. - A 25% surcharge has been placed on the H200 chip, but it is anticipated that this will not deter sales [2]. - Despite the positive developments, there is skepticism in the media regarding China's demand for these chips, which is deemed inaccurate and has contributed to the stock's stagnation [2]. - The stock price fell by $0.58 to close at $184.97, attributed to misinformation about the demand for NVIDIA's products in China [2].