People Should Have Listened to NVIDIA (NVDA)’s CEO, Says Jim Cramer

Core Insights - NVIDIA Corporation (NASDAQ:NVDA) is currently on Jim Cramer's radar, indicating significant interest from market analysts [1] - The company's shares have decreased by 1.3% year-to-date, but RBC Capital maintains an Outperform rating with a price target of $240, citing a $500 billion backlog and strong AI demand as key drivers [2] - Wolfe Research also supports an Outperform rating with a higher price target of $250, highlighting the impact of China H200 GPU shipments [2] - Jim Cramer emphasizes the importance of CEO Jensen Huang's foresight regarding market trends, suggesting that investors should have heeded his insights [2] Financial Developments - NVIDIA announced a substantial investment of $100 billion in OpenAI, which will utilize these funds to purchase NVIDIA chips for new data centers [3] - This investment strategy is seen as financing a customer that may not have the capacity to acquire such a large volume of chips, as OpenAI is projected to incur a loss of $14 billion in 2026 [3] - NVIDIA has engaged in similar financing arrangements with other startups, including CoreWeave, indicating a trend in its business model [3]