Wall Street may be shocked by Nvidia 's record-breaking move on Thursday, but not CNBC's Jim Cramer.
Cramer said Huang has been ahead on the value of generative artificial intelligence since the jump, buying up a valuable kind of graphics card — the H100 processor — early on.
"If you have enough Nvidia cards put together, you can enable all of this incredible artificial intelligence stuff that everybody's so excited about now.
Cramer said Huang showed him the power of ChatGPT when he visited Nvidia headquarters months ago, well before it saw mainstream popularity.
"And had the cards ready for all who wanted them when Wall Street finally came around to generative artificial intelligence.
Persons:
Jim Cramer, Cramer, he's, Jensen Huang, Huang, Andy Reid, Reid, Paul Cezanne, " Cramer, Jensen, Wall, We're
Organizations:
Nvidia, Kansas City Chiefs, Oracle, Microsoft, Meta, Intel
Locations:
Washington