We recently published 9 Stocks Jim Cramer Talked About.  NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks on Jim Cramer talked about. NVIDIA Corporation (NASDAQ:NVDA)’s shares have gained 36% year-to-date and have lost 8.9% since October’s end. The firm made quite a splash on December 24th after chip designer Groq announced that it had entered into a non-exclusive licensing agreement with it. Under the agreement, NVIDIA Corporation (NASDAQ:NVDA) will buy Groq’s assets for a $20 billion price tag to m ...

Core Insights - NVIDIA Corporation (NASDAQ: NVDA) is positioned as a leading player in the AI sector, with its GPUs being the most advanced for AI workloads, making it the most valuable company globally [1] Group 1: Earnings and Analyst Ratings - Following NVIDIA's fiscal third quarter earnings report on November 19th, Keybanc raised its price target for NVDA shares from $250 to $275, maintaining an Overweight rating due to the strong revenue pipeline for its Blackwell and Rubin AI GPUs [2] - Keybanc estimates a $500 billion revenue pipeline for these products in 2026 and 2027, which justified the price target increase [2] Group 2: Market Demand and Hedge Fund Activity - There is a significant demand for NVIDIA's chips, with a reported demand-to-supply ratio of 12 to 1, indicating strong market interest [4] - Hedge fund activity shows that 234 funds disclosed holdings in NVIDIA, with Millennium Management reporting a 127% increase in its stake [3] Group 3: Competitive Landscape - NVIDIA's dominance in the AI chip market is underscored by the challenges faced by competitors like Meta, which struggles to secure sufficient NVIDIA chips, potentially only obtaining 30-40% of its needs [4] - The sentiment in the market suggests that NVIDIA is leading the AI revolution, with other companies merely "paying rent" in this space [4]