Jim Cramer drops blunt 6-word message on Nvidia stock originally appeared on TheStreet.
Nvidia shares (NVDA) climbed 1.2% to $166 on July 11 as the stock extended gains after becoming the first company ever to reach a $4 trillion market value.
The milestone was hit on July 9, and momentum has carried through the following sessions. That $4 trillion figure represents about 14% of the entire U.S. GDP.
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The chipmaker has benefited greatly from the generative AI boom after the rollout of ChatGPT. Its stock gained a remarkable 171% in 2024, one of the top stock winners for the year. So far in 2025, the stock is up nearly 24%.
The company’s massive size has raised questions about how much higher the stock can go.
Nvidia’s recent rally has come even as geopolitical tensions and export restrictions continue to weigh on its business with China.
The company has faced several rounds of regulatory pressure this year, including restrictions on exports of its A100 and H100 GPUs to China.
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In the April quarter, Nvidia took a $4.5 billion charge and said it could have generated another $2.5 billion in revenue, if not for the export curbs.
CEO Jensen Huang has repeatedly warned that these controls could damage U.S. chipmakers and threaten the country’s position as a global tech leader.
“If we want the American technology stack to win around the world, then giving up 50% of the world’s AI researchers is not sensible,” Huang said on CNBC.
Still, demand for Nvidia’s chips remains strong in other regions, including the Middle East. In May, the company said it would supply AI chips to Humain, an emerging tech firm in Saudi Arabia.
On May 28, Nvidia reported strong fiscal first-quarter results. Adjusted earnings reached 96 cents per share on $44.06 billion in revenue, beating estimates of 93 cents and $43.31 billion. Shares surged 3.2% following the report.
For the current quarter, Nvidia projected $45 billion in revenue, slightly below analysts’ expectations of $45.9 billion. The company noted that revenue could have been about $8 billion higher without the China restrictions.
Jim Cramer, host of CNBC’s popular TV show “Mad Money,” has offered another bullish take on Nvidia stock.
“Please own it, don’t trade it,” Cramer said in an X post on July 9. “I don’t want people to get hurt, and my view on Nvidia is well known. The watch party people didn’t know what they were doing.”
