Jim Cramer Explains Why NVIDIA’s Stock “Deserves the Appellation of Being the Biggest”
NVIDIA Corporation (NASDAQ:NVDA) is one of Jim Cramer’s latest stock calls as he discussed the bullish AI investment thesis amid the Iran conflict. Cramer highlighted the company CEO’s keynote speech at the company’s GTC event, as he remarked:
Let’s call it a quasi off switch… a pause button that shocked the pessimists and just created a huge wave of stock buying. And what did they buy?… They bought everything in the room. See, what you see behind me is the wide world of NVIDIA. This is GTC, the AI festival of everything that drives the tech world… They bought the whole wide world of Jensen Huang and everything in it. We went to listen to the keynote speech that Jensen Huang gives every year. He told the tale of endless demand.