NVIDIA Corp. (NASDAQ:NVDA) continues solidifying its dominance in the artificial intelligence semiconductor market, with CNBC’s Jim Cramer emphatically saying that no company can successfully challenge the tech giant’s technological supremacy.
What Happened: Cramer, host of “Mad Money,” underscored Nvidia’s unparalleled market position, stating, “I know lots of people are gunning for Nvidia and there are stories all of the time about how other companies are trying to make chips better faster and cheaper than Nvidia’s. But they can’t. And the so-called enemies of Nvidia aren’t really enemies.”
Nvidia’s third-quarter earnings report reinforced Cramer’s bullish stance, with the company reporting a staggering $35.1 billion in revenue — a 94% year-over-year increase. Data Center revenue alone reached $30.8 billion, highlighting the company’s critical role in AI infrastructure.
The company’s stock has surged more than 181% year-to-date, dramatically outperforming other “Magnificent Seven” tech stocks like …
Full story available on Benzinga.com
NVIDIA Corp. (NASDAQ:NVDA) continues solidifying its dominance in the artificial intelligence semiconductor market, with CNBC’s Jim Cramer emphatically saying that no company can successfully challenge the tech giant’s technological supremacy.
What Happened: Cramer, host of “Mad Money,” underscored Nvidia’s unparalleled market position, stating, “I know lots of people are gunning for Nvidia and there are stories all of the time about how other companies are trying to make chips better faster and cheaper than Nvidia’s. But they can’t. And the so-called enemies of Nvidia aren’t really enemies.”
Nvidia’s third-quarter earnings report reinforced Cramer’s bullish stance, with the company reporting a staggering $35.1 billion in revenue — a 94% year-over-year increase. Data Center revenue alone reached $30.8 billion, highlighting the company’s critical role in AI infrastructure.
The company’s stock has surged more than 181% year-to-date, dramatically outperforming other “Magnificent Seven” tech stocks like …
Full story available on Benzinga.com
NVIDIA Corp. (NASDAQ:NVDA) continues solidifying its dominance in the artificial intelligence semiconductor market, with CNBC’s Jim Cramer emphatically saying that no company can successfully challenge the tech giant’s technological supremacy.
What Happened: Cramer, host of “Mad Money,” underscored Nvidia’s unparalleled market position, stating, “I know lots of people are gunning for Nvidia and there are stories all of the time about how other companies are trying to make chips better faster and cheaper than Nvidia’s. But they can’t. And the so-called enemies of Nvidia aren’t really enemies.”
Nvidia’s third-quarter earnings report reinforced Cramer’s bullish stance, with the company reporting a staggering $35.1 billion in revenue — a 94% year-over-year increase. Data Center revenue alone reached $30.8 billion, highlighting the company’s critical role in AI infrastructure.
The company’s stock has surged more than 181% year-to-date, dramatically outperforming other “Magnificent Seven” tech stocks like …Full story available on Benzinga.com Read Moreartificial intelligence, Equities, GOOG, GOOGL, Kaustubh Bagalkote, News, NVDA, semiconductor, TSLA, Jim Cramer, Global, Markets, Tech, GOOG, US38259P7069, NVDA, US67066G1040, TSLA, US88160R1014, GOOGL, US38259P5089, News, Equities, Global, Markets, Tech, Benzinga Markets
