Jim Cramer Says Nvidia Buyback Is 'Not Big Enough' as AI Slowdown Talk Hits Sentiment
Jim Cramer said NVIDIA Corporation remains a buy despite pressure on its shares after comments from Anthropic CEO Dario Amodei about the pace of Artificial Intelligence (AI) development. The CNBC TV host said NVIDIA’s buyback programme is ‘not big enough’ as sentiment around the company’s AI GPUs comes under pressure.
Cramer made the remarks after developments over the weekend involving major AI CEOs and calls for a slowdown in development.