Jim Cramer is Still Enthusiastic About NVIDIA (NVDA)

Core Viewpoint - NVIDIA Corporation (NASDAQ:NVDA) has shown significant stock performance, with shares up 47% over the past year and 2% year-to-date, although it has faced recent struggles [2]. Group 1: Stock Performance - NVIDIA's shares have increased by 47% over the past year and by 2% year-to-date, making it one of the top performers in the early AI era [2]. - Morgan Stanley identified NVIDIA as one of the most under-owned large-cap technology stocks in the market [2]. Group 2: Partnerships and Ratings - NVIDIA announced a major partnership with Meta to supply AI GPUs and CPUs [2]. - Goldman Sachs maintained a Buy rating on NVIDIA with a price target of $250 per share [2]. Group 3: Competitive Position - Jim Cramer highlighted that the total cost of ownership for NVIDIA's AI products is lower than that of AMD's GPUs, indicating a competitive advantage [2]. - Cramer expressed continued enthusiasm for NVIDIA, while also acknowledging the impressive turnaround of AMD under Lisa Su [2].