NVIDIA Corporation (NVDA)'s CEO Has A Great Relationship With Trump, Says Jim Cramer
After bleeding close to $600 billion in market value in January amidst the DeepSeek selloff, Wall Street's AI chip darling, NVIDIA Corporation (NASDAQ:NVDA) is once again the most valuable company in the world. The firm has benefited from growing investor bullishness about the long-term prospects of AI. NVIDIA Corporation (NASDAQ:NVDA)'s shares closed the week 1% higher after big tech's continued persistence to spend billions of dollars to buy AI chips. Cramer discussed the impact and the CEO's relationship with President Trump:
'All CapEx go up, it's all NVIDIA. . .it's really good for NVIDIA. But of course, NVIDIA, the President talking about breaking them up, we'll get to that later. It was an out of body comment.
Previously, the CNBC TV host commented on NVIDIA Corporation (NASDAQ:NVDA)'s shares and parabolic moves:
'What is the solution to this? Look, in my forthcoming book, How to Make Money in Any Market, I have banished my antiparabola bias. I have a method I reveal of picking five stocks to go alongside an index fund with some money added each month. I state point blank that if you are in your 30s or older, you should own one speculative situation like an Oklo, okay, or a Joby. Just one. It could fail you after going parabolic. Moreover, if you're under 30, you can pick two speculative names out of five because you've got enough time to make back any potential losses.
Photo by Javier Esteban on Unsplash
Now, you may think I'm reckless for endorsing any of these even with caveats, but it's time to admit that for many years now, speculative stocks with great growth, they've worked. Oh, and let's not forget, they don't have to stay speculative. NVIDIA stock has had many parabolic moves, including the one that started in April. To keep yourself out of these runs because of a principle that stopped working ages ago, that's to be blind to change, and I don't like it. I don't want to be that way.'
While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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