Jim Cramer recently discussed NVIDIA Corporation (NASDAQ:NVDA) on CNBC’s Squawk on the Street, where he expressed uncertainty about the company’s future amid concerns over AI spending. With China’s DeepSeek AI models demonstrating lower development costs, investors are re-evaluating their expectations for AI GPU spending.
Cramer noted that while some investors see the trend as a negative, others believe it will lead to increased adoption and reduced demand for NVIDIA’s GPUs. The CNBC host emphasized that he is in wait-and-watch mode, observing events such as the potential reopening of Three Mile Island and reports of any GPU order pullbacks.
NVIDIA Corporation (NASDAQ:NVDA) ranks 4th on Cramer’s list of recently discussed stocks, with a relatively small number of hedge fund investors. Despite this, Cramer acknowledged the company’s potential as an investment. However, he expressed conviction that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe.
Investors can learn more about the cheapest AI stock by checking out our report on 20 Best AI Stocks To Buy Now.
Source: https://finance.yahoo.com/news/jim-cramer-says-more-china-040030516.html