Jim Cramer Reiterates “NVIDIA, I Say Own It, Don’t Trade It”

Group 1 - NVIDIA Corporation (NASDAQ:NVDA) has been affected by a ban on selling AI chips to China, but the impact appears limited as the stock is up more than 36% for the year despite this exclusion from their numbers [1] - The company develops a range of technologies including accelerated computing, AI platforms, gaming GPUs, cloud services, robotics, and automotive technologies [2] - NVIDIA is categorized as a "fabulous company" that outsources chip manufacturing to Taiwan Semiconductor Manufacturing Company (TSMC), which mitigates some supply-demand issues faced by other companies like Micron [2] Group 2 - There is a belief that while NVIDIA is a strong investment, certain other AI stocks may offer greater upside potential and carry less downside risk [2]