Jim Cramer Defends Nvidia Stock Amid AI Doubts
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Nvidia shares face turbulence as investors question AI dominance. CNBC's Jim Cramer dismisses the selloff as psychological rather than fundamental, asserting the chipmaker's long-term leadership remains intact.
Alphabet and Meta's exploration of alternative AI chips with Broadcom rattled markets, but Cramer frames this as a test of conviction. 'You either believe in artificial intelligence or you should just stay away,' he declared on Mad Money, characterizing the volatility as noise.
The stock's retreat from post-earnings highs reflects what Cramer calls a 'zero-sum fear game' mentality. While competitors diversify supply chains, Nvidia's hardware moat in AI acceleration stays unchallenged.
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