Jim Cramer Sounds the Alarm on China Rhetoric and Dollar Panic Then Analyzes 11 Key Stocks

6. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund holders: 223

Cramer offered a multi-faceted take on NVIDIA Corporation (NASDAQ:NVDA), discussing its expanding manufacturing efforts in the U.S. and strategic significance to national security. While praising its technological dominance, he also highlighted the stock’s extreme volatility and its status as a speculative favorite among retail traders. Here’s everything he said:

“I mean, I see NVIDIA saying it plans to manufacture some AI chips in the U.S. and they’re doing some right now in Taiwan’s semi-foundries. What you have to do is you have to say, OK, listen, guys, you have to sacrifice some margin. […]

Also, I don’t know if you saw the notes about NVIDIA to manufacture America made AI supercomputer for US for the first time. Gigantic commitment of a half a trillion dollars. Interestingly enough, that’s the same amount that Apple committed, but people are a little suspicious of the White House about Apple. No one’s suspicious of NVIDIA because we don’t have those chips. NVIDIA’s in all the missiles. Get some checking on this. All the missiles are driven by NVIDIA chips. […]

NVIDIA was up big on Friday. I mean, I told, what I said in my tweet, the shorts will let it go up and then they will target it with zero-day options. I don’t know. I was looking at the amount of trading in NVIDIA. It’s a meme stock, OK? And that’s all it is right now. It has very little to do with the company.”