By Alexa LoMonaco
Publication Date: 2026-11-09 23:24:00
Key Points
- Jim Cramer warned that this long-standing “own it, don’t trade it” status for Nvidia’s stock could be at risk amid uncertainty surrounding CEO Jensen Huang’s future.
- Cramer remains confident in Nvidia’s technology, but warned that growing opposition to data centers and financing challenges could threaten demand for its AI chips.
CNBC’s Jim Cramer said Monday that uncertainty surrounding Nvidia CEO Jensen Huang and the data center boom has raised new risks for the artificial intelligence chipmaker’s stock. Cramer’s comments follow Sunday’s news that Nvidia’s board is investigating Huang over his extramarital affair with Megaspeed’s Alice Huang, who is suspected by U.S. intelligence agencies of spying for China. Though Huang remains CEO, the investigation has raised questions about his future at the company . “Given the facts of the story, which seem to get worse with each update, we are going to have to consider owning shares in a Jensen-less Nvidia,” the ” Mad Money ” host said. “If that is the case, you can no longer be bound by our ‘own it, don’t trade it’ mantra, which has been the default view of the CNBC Investing Club.” Nvidia shares tumbled more than 4% Monday, even as the broader market rallied, extending a sell-off that has erased roughly 22% of the chipmaker’s value over the past month. Prior to Monday, Nvidia’s decline has coincided with weakness in the broader AI build-out trade. “What you need to know is that Nvidia is a less attractive stock than it…
