tech
Jim Cramer says Nvidia is the GOAT
Cramer explains why investors shouldn't sweat the 2026 decline in Nvidia shares.
TL;DR
- Jim Cramer referred to Nvidia as the GOAT, comparing its resilience to Muhammad Ali.
- Nvidia's stock has seen significant growth since Cramer first recommended it in 2009, increasing by over 40,000%.
- The company's graphics processing units (GPUs) were initially popular with gamers and artists before pivoting to AI.
- Nvidia shares experienced a significant drop in 2022 but rallied strongly in 2023-2025 following the surge in AI interest.
- Current concerns about massive AI spending and memory shortages have led to a decline in Nvidia's stock this year.
- Cramer highlighted Nvidia's foresight in securing high-bandwidth memory from SK Hynix and Samsung as a key strength.
- He suggested $160 as a potential buying level if the stock continues to fall.