Cramer's Morning Take: Nvidia 5/20/24

Jim Cramer (0:01)

Hey, it's Cramer, and this is my morning take on the market from today's CNBC Investing Club Morning Meeting.

I can't believe it, Jeff, that there could be a company that was a gaming company that meant very little to the market, that I found when I was looking at a BMW and an Audi, that then I played a video game.

The name of that company is Nvidia. And at a piece this weekend, it has taken over the mind share of everyone. I mean, I even have people saying, oh my God, reverse head and shoulders. And I said to myself, can we cut it out? Can we cut it out? This Blackwell product, which isn't even in the hands of anyone.

SPEAKER_2 (0:45)

That's their next generation platform.

Jim Cramer (0:48)

Right. And when I was out there, they had a 200, they had the ADHD product and it had a bartender, a bartender that was dumb.

And with this Blackwell, the bartender will be able to make your drink, smile, talk, talk in a very good way to you.

SPEAKER_2 (1:05)

Talk about a robotic bartender.

Jim Cramer (1:08)

So we're gonna see the beginning of the work productivity, the beginning of the industrial revolution, something that's supposed to sell it. So all I'm saying is whatever's going on in people's heads, stop, stop, stop thinking about Nvidia. Go think about something else. Go think about the Phillies. I don't care. Just stop thinking it's some sort of make or break there.

SPEAKER_2 (1:28)

Yeah, no, I think that's been the mindset over the last couple of quarters, too, and they have been strong. I'm sure it will be strong this time around, but of course it always ends up, what are the market's expectations into that for the next incremental fire?

Jim Cramer (1:41)

And now everybody's got expectations, and Collette Cress, who really runs the call, she is not going to throw a satellite on this fire. And when Jensen gets involved in the call, it's usually just to talk about the wonderment of healthcare. So let's be, I had a gentleman, Bill Nudie, an old friend of mine from when he was a symbol, technology and then NCR, and he has ALS, and he was, you know, just presented as it is.

He's got a, he's chairman of everything ALS, of a great charity, but because of all of artificial intelligence, he was able to speak by looking at words with his eyes and then the words get talked about, get translated from voicemails that he had left. So it sounds just like Bill Nudy. Okay, healthcare. That is the next generation. So like, let's start thinking about healthcare when we think about Blackwell. Let's start thinking about robotics and let's stop thinking about, was this quarter okay?

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SPEAKER_3 (2:49)

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