By Ramish Cheema
Publication Date: 2026-08-07 18:24:00
NVIDIA Corporation (NASDAQ:NVDA) is a stock that Jim Cramer continues to stand by with, even though it has struggled. While it’s unclear whether he’s as loyal to it as he is to Costco, throughout 2026, the CNBC TV host has continued to assert that the firm provides a great long-term opportunity. NVIDIA Corporation (NASDAQ:NVDA)’s shares are up by 17.5% year-to-date, fueled primarily by a 16.8% jump since July 29th. In a brief couple of tweets, Cramer first commented on t/he shares and then on Elon Musk’s announcement that he would exclusively buy the firm’s AI products:
“you get a couple of reports that Nvidia chips are holding their value and are scarce and the stock soars.
“If Elon hadn’t gone all in Nvidia with what could be the biggest set of orders in the history of Nvidia then AMD’s stock would have been up last night. The loss of that business overshadowed ANOTHER MONSTER quarter from Lisa Su. Listen: @SquawkStreet this a.m.
“You have to spend to make
Due to the centrality of its products for the AI ecosystem, the debate for NVIDIA Corporation (NASDAQ:NVDA) is about AI spending. The bulls and the bears are torn between whether the spending will be sustainable or whether hyperscalers will reduce their budgets. Cramer’s initial tweet also discusses this and addresses another key point about the resale value of the pricey AI GPUs.
For the NVIDIA Corporation (NASDAQ:NVDA) bulls, the revenue growth rate, which was…
