By Michael Douglass
Publication Date: 2026-10-02 15:43:00
Key Takeaways
- Jim Cramer said on Monday’s Mad Money that NVIDIA can’t make its chips fast enough to meet demand, and on Wednesday Dell said its first Vera Rubin NVL72 racks are shipping in volume.
- Wall Street’s numbers back up the shortage, with consensus revenue nearly doubling this fiscal year to about $412 billion.
- NVIDIA trades at 19.2 times forward earnings, about half its five-year average of 36.6x and close to its five-year low of 17.5x.
- If the multiple moved even halfway back to that average on the same earnings, NVIDIA’s market value would rise by about 45%.
NVIDIA (NVDA) has the kind of problem most companies would love to have.
On Monday’s episode of Mad Money, host Jim Cramer summed it up:
“NVIDIA literally can’t make their own chips fast enough to satisfy the demand.”
The funny part? He said it in a segment praising Advanced Micro Devices (AMD) CEO Lisa Su. The shortage was his explanation for why AMD had room to break into high-end AI chips at all: “Of course, there was room for AMD there.”
(AMD isn’t really in a place to compete with NVIDIA at the high end yet, but for “good enough” models, it’s a real workhorse.)
And on Wednesday, the next generation started heading out the door. Michael Dell, founder and CEO of Dell Technologies (DELL), posted on X:
“The first Vera Rubin NVL72 rack-scale system, fully integrated and shipping in volume.”
He added that “the pace of this partnership is…
