CNBC financial celebrity Jim Cramer: Holding Nvidia, we will see the market value of US$5 trillion
According to online reports, CNBC financial celebrity Jim Cramer expressed his views on the importance of Nvidia, one of his long-standing favorites, on Wednesday, and advised investors to hold Nvidia, saying,"We will have a market value of US$5 trillion." He pointed out that neither Microsoft nor Apple can claim that they are currently creating a new industrial revolution, but Nvidia can. To be fair, he added, they did create the last industrial revolution, the rise of personal computers, even though that was a long time ago. He emphasized the transformative potential of artificial intelligence and said that every computer with a graphics processing unit (GPU) inferior to Nvidia is outdated. He also pointed out that Nvidia's technology will change the way companies operate, saying it makes humanoid robots and self-driving cars possible. He further stated that Nvidia is also a valuable bargaining chip for the United States in trade negotiations.
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