CNBC's Jim Cramer on Thursday reiterated his longstanding belief in Nvidia and CEO Jensen Huang, saying that despite the concerns of some on Wall Street, demand for the artificial intelligence behemoth's products isn't slowing down.
Nvidia posted earnings Wednesday that comfortably topped estimates.
Nvidia has had a meteoric rise, with shares currently up more than 196% year-to-date, and the company has posted large earnings beats quarter after quarter.
According to Cramer, supply isn't set to outpace demand.
Some of Nvidia's biggest customers, like Microsoft , Meta , Amazon and Tesla will have to keep buying the products, he said.
Persons:
CNBC's Jim Cramer, Jensen Huang, Jensen, Cramer
Organizations:
Nvidia, Nvidia's, Microsoft, Meta