We recently published 10 Stocks Jim Cramer Talked About.  NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer discussed. This show was aired the day after AI GPU designer NVIDIA Corporation (NASDAQ:NVDA) reported its earnings for its third fiscal quarter. The results saw the firm report $57 billion in revenue and $1.30 in earnings per share to beat analyst estimates of $54.9 billion and $1.25. Heading into the earnings, Cramer had asserted that NVIDIA Corporation (NASDAQ:NVDA) was still the " ...

Fox Business Alert. The thousandpoint market swing where the early rally was completely torched has investors heads spinning, but Nvidia's Jensen Wong is looking skyward after his company's third quarter earnings smashed expectations. Now, look, let's be clear.Nvidia has not escaped being bitten by the jaws of today's volatility. At its highs, it was at 196. It's at 181 right now.Lost 5% of gains and is now down 2.6%. But the AI chip king's revenue surge shows its business is charging forward. It is the pre ...

Core Viewpoint - Nvidia's upcoming earnings report is highly anticipated, with significant implications for the company and the broader tech sector, particularly regarding AI investments and GPU demand [1][3]. Company Performance - Nvidia's stock has increased by 37% year-to-date but has seen a 5% decline in the last five days [1]. - Wall Street analysts expect Nvidia to report approximately $55 billion in revenue and earnings per share (EPS) of $1.25 for the third quarter [4]. Analyst Insights - Bank of America maintains a buy rating, projecting Nvidia's EPS for the coming fiscal year to be $4.56, $7.02, and $9.15 [5]. - UBS predicts Nvidia's revenue will exceed estimates at $56 billion, with EPS reaching $7.75 in 2026 and potentially $9.50 in 2027 [8]. - DA Davidson believes AI demand will remain strong, despite market jitters, and sets a price target of $250 for Nvidia [12]. - CFRA Research anticipates Nvidia will achieve $61 billion in revenue and EPS of $1.42 for the January quarter, maintaining a strong buy rating with a price target of $270 [14]. Market Sentiment - There is a divide between Wall Street analysts, who are generally bullish, and some investors who are questioning the sustainability of Nvidia's premium valuations [2][3]. - Notable hedge funds, including SoftBank and Thiel Macro, have recently sold their Nvidia stakes, while some investors are betting against the stock [3]. Future Projections - Analysts are optimistic about Nvidia's product pipeline, including the Blackwell and Vera Rubin chips, which are expected to drive growth in 2026 [6][16]. - Jensen Huang, CEO of Nvidia, has indicated a strong demand outlook, with $500 billion in orders booked for 2025 and 2026, suggesting potential revenue growth beyond current forecasts [16][17].

Group 1 - Jim Cramer discussed NVIDIA Corporation (NASDAQ: NVDA) in relation to its upcoming earnings and the overall narrative surrounding the company, highlighting the importance of CEO Jensen Huang's ability to communicate effectively about the company's performance and prospects [1] - Cramer expressed optimism about NVIDIA's potential in the AI GPU market, particularly regarding the company's Vera Rubin chips and their significance in the context of competition and market demand [1] - The commentary included speculation about NVIDIA's orders from China, indicating that while there are uncertainties, the company has the potential to capitalize on opportunities in that market [1] Group 2 - There is a belief that while NVIDIA is a strong investment, other AI stocks may offer greater potential for higher returns with limited downside risk, suggesting a competitive landscape in the AI sector [2] - The mention of a report on an extremely cheap AI stock that benefits from Trump tariffs and onshoring indicates ongoing market dynamics that could influence investment decisions in the AI space [2]

Nvidia stock gained slightly on Friday and closed at $190.17, up 1.77%, which now puts it at about 8% lower than its October 29 peak, which had a closing price of $207.04. A lot of pressure has been put on the company as skepticism about artificial intelligence is growing, and investors are eagerly awaiting Nvidia’s Q3 earnings, which will be released on November 19. On top of a general increase in AI skepticism, there were a couple of news items that weren't good for the stock. First came the news that ...

Core Insights - NVIDIA Corporation (NASDAQ:NVDA) has announced a strategic partnership with OpenAI, involving an investment of nearly $100 billion and the deployment of a gigawatt of next-generation Vera Rubin chips by OpenAI, expected to be ready by late 2026 [2][3] - Jim Cramer expresses confidence in NVIDIA's next-generation chips, believing they will significantly enhance the capabilities of generative AI technologies [3] - The company is recognized as a leader in accelerated computing, designing GPUs and software platforms that support AI, high-performance computing, and data centers [4] Investment Sentiment - There is strong institutional confidence in NVIDIA, with 235 hedge funds reported to have ownership stakes in the company [3] - Cramer highlights that the market NVIDIA dominates is the largest in the world, indicating a robust growth potential for the company [3] Company Overview - Founded in 1993 and based in California, NVIDIA is a leader in the design of GPUs and software platforms like CUDA, which are essential for various advanced computing applications [4]

Investment Overview - Nvidia plans to invest up to $100 billion into OpenAI while supplying millions of AI chips to the company, a move that is unprecedented in the tech industry [1] - Nvidia will take a financial stake in OpenAI without receiving any voting power in return, indicating a unique investment structure [2] Financial Commitment - Nvidia's initial investment of $10 billion will be allocated towards building a gigawatt of capacity using its next-generation Vera Rubin chips, with construction expected to start in the second half of 2026 [3] - The total cost for building AI data centers is estimated at $50 billion per gigawatt, with Nvidia's chips and equipment accounting for approximately $35 billion of that cost [3][4] - OpenAI will require an additional $40 billion in capital for each gigawatt of capacity it plans to build, raising questions about the source of these funds [4] OpenAI's Structural Changes - OpenAI, currently a non-profit corporation, is exploring a transition to a for-profit structure to facilitate fundraising and a potential public offering [5] - Discussions have been ongoing with Microsoft regarding this structural change, and a tentative agreement has been reached for OpenAI to convert to a for-profit public benefit corporation, pending approval from state officials [6] Investment Timeline - Nvidia's initial $10 billion investment will not commence until a definitive agreement is reached between OpenAI and Nvidia in the coming months [7]

Core Insights - Samsung Electronics has received approval from Nvidia for its latest high-bandwidth memory (HBM3E) product, marking a significant advancement in the AI hardware chip supply race [1][2][3] Group 1: Product Development and Approval - Samsung's fifth-generation 12-layer HBM3E product has successfully passed Nvidia's qualification tests after a year and a half of development and multiple attempts to meet Nvidia's performance standards [2][3] - The approval signifies a recovery of Samsung's technological credibility in the competitive semiconductor sector, with HBM3E chips intended for use in Nvidia's flagship B300 AI accelerator and AMD's MI350 [3][4] Group 2: Market Dynamics and Competition - Despite the approval, Samsung's supply of HBM3E chips to Nvidia is expected to remain limited, as it is the third company to gain clearance after SK Hynix and Micron Technology [5] - The industry is shifting focus to HBM4, which is set to launch with Nvidia's next-generation Vera Rubin chips next year, with Nvidia urging suppliers to increase speeds beyond the current 8 Gbps standard [5] Group 3: Strategic Partnerships - Nvidia's validation of Samsung's HBM3E chips coincides with the company's efforts to expand its customer base and partnerships, particularly following a recent chip ban in China [6] - A potential semiconductor partnership between Nvidia and Intel could benefit both companies, with Nvidia likely emerging as the primary beneficiary [7]

Core Insights - Nvidia's inventory increased by 33% last quarter to $8.7 billion, which has raised concerns among some investors, but management views this as a strategic move rather than a warning sign [1] - The surge in inventory is a calculated bet on the rising demand for Blackwell Ultra (BWU) chips, with significant shipments already made this quarter [2] - Nvidia's VP of IR and Strategic Finance highlighted that demand continues to exceed supply even two years into the AI spending boom, indicating strong market conditions [3] Inventory Strategy - BWU now constitutes nearly half of all Blackwell shipments, with higher prices expected to enhance revenue growth [3] - The next-generation Vera Rubin chips are scheduled for a late fiscal 2026 release, dispelling rumors of delays [3] - Nvidia's supply chain partners are preparing to increase rack shipments beyond the current pace of 1,000 per week, indicating a robust second half of the year [4] Market Opportunities - The U.S. government has approved H20 GPU exports to China, potentially opening up $5 billion in sales opportunities, with Nvidia ready to leverage its inventory [5] - Networking remains a key growth area for Nvidia, with attach rates close to 80%, reinforcing its leadership in the AI sector [5] - The inventory increase reflects Nvidia's aggressive strategy to maintain its momentum in the AI market rather than signaling any weakness [5]

Core Insights - Advanced Micro Devices (AMD) has developed a significant AI accelerator business, but it remains small compared to Nvidia, which generated over $39 billion in revenue from its data center segment in the last quarter, while AMD's total AI accelerator revenue for 2024 is only $5 billion [1] - AMD's latest GPUs, the Instinct MI350X and MI355X, deliver four times the AI compute performance and 35 times the AI inferencing performance compared to previous models, but they do not surpass Nvidia's latest offerings [2] - AMD plans to release the MI400 series in 2026, claiming the MI400X will be ten times more powerful than the MI300X, featuring up to 432 GB of HBM4 memory and 19.6 TB/s memory bandwidth [4] - Nvidia is expected to release its Vera Rubin chips in late 2026, which will significantly enhance performance over its current generation [5] - AMD's MI400X is anticipated to outperform Nvidia's current products, but Nvidia's next-gen Rubin chips may ultimately prevail [6] - AMD is also set to launch a new rack-scale AI solution called Helios in 2026, which will include up to 72 MI400 GPUs and advanced server CPUs [7] - Despite AMD's advancements, Nvidia is likely to maintain its market leadership due to its powerful hardware and established CUDA software ecosystem [8] - The AI chip market is projected to reach $500 billion by 2028, and AMD's growth in AI chip revenue does not necessarily require it to surpass Nvidia [9] - With the upcoming MI400 series and Helios, AMD is positioned for substantial growth in AI-related revenue, although it is expected to remain in second place behind Nvidia [10]