‘AI computing ramp’ is only beginning, will last years

‘AI computing ramp’ is only beginning, will last years

Nvidia CEO Jensen Huang told CNBC’s Jim Cramer on Tuesday that investments in artificial intelligence computing remain in the early innings, predicting years of growth ahead as the technology affects a range of industries including health care. “We’re in the beginning of this AI computing ramp,” he said. “And we’re in the beginning of the … Read more

Nvidia’s Jensen Huang takes page out of Apple playbook to lead AI’s future

Nvidia’s Jensen Huang takes page out of Apple playbook to lead AI’s future

When Nvidia CEO Jensen Huang took the stage Monday at the chipmaker’s hyped-up artificial intelligence conference, he joked to the thousands of attendees packed into the arena that this was “not a concert.” In a literal sense, Huang was right. But that didn’t stop him from using his two-hour keynote address to cement Nvidia’s status … Read more

Nvidia stomps the bears. Jim Cramer on struggling stocks Starbucks, Abbott

Nvidia stomps the bears. Jim Cramer on struggling stocks Starbucks, Abbott

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Markets rebound as Nvidia goes green: … Read more

Nvidia’s Blackwell AI chip will cost more than $30,000, CEO says

Nvidia’s Blackwell AI chip will cost more than ,000, CEO says

Nvidia’s next-generation graphics processor for artificial intelligence, called Blackwell, will cost between $30,000 and $40,000 per unit, CEO Jensen Huang told CNBC’s Jim Cramer. “This will cost $30 to $40 thousand dollars,” Huang said, holding up the Blackwell chip. “We had to invent some new technology to make it possible,” he continued, estimating that Nvidia … Read more

We’re looking to buy more of this health care stock after a big selloff

We’re looking to buy more of this health care stock after a big selloff

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. U.S. stocks were mixed Tuesday as Big Tech names dragged down the S & P 500 and Nasdaq. The Dow was up after the opening. The rally in Nvidia cooled … Read more

Investing Club’s Q4 2023 Earnings Report Card

Investing Club’s Q4 2023 Earnings Report Card

The fourth quarter was pretty darn good for our stocks. Results were mostly better than expected, and many corporate leaders forecasted more of the same. For good reason: Businesses are starting to spend again, supply chain conditions continue to improve and the consumer remains resilient. Roughly 73% of companies in the S & P 500 … Read more

Jim Cramer says Nvidia will ‘create the next industrial revolution’

Jim Cramer says Nvidia will ‘create the next industrial revolution’

CNBC’s Jim Cramer on Monday said he believes Nvidia will revolutionize enterprise. “The sum of all that Nvidia’s doing will indeed create the next industrial revolution, because Nvidia’s about the speed with which we can arrive at smarter, better answers,” he said after attending the company’s conference in San Francisco. Cramer reaffirmed his belief that … Read more

Disney gets a win in Nelson Peltz board fight. 2 other portfolio stocks mount comebacks

Disney gets a win in Nelson Peltz board fight. 2 other portfolio stocks mount comebacks

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Markets bounce : Stocks kicked off … Read more

It’s not too late to buy Abbott stock after Friday selloff

It’s not too late to buy Abbott stock after Friday selloff

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. U.S. stocks jumped Monday as the Nasdaq and S & P 500 attempts to recover from back-to-back weekly losses. Major gains were seen in tech stocks to start the new … Read more

Jim Cramer’s plans when Nvidia CEO Jensen Huang speaks this week

Jim Cramer’s plans when Nvidia CEO Jensen Huang speaks this week

We convened a Club meeting at Palm Beach Gardens on Saturday. We just didn’t know it. My wife, Lisa, and I were signing bottles of her finest Fosforo mezcal at Total Wine & More, and I can’t believe how many people showed. It reminds me that Florida has to be the venue for our next … Read more