Mad Money w/ Jim Cramer 8/13/26

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**Jim Cramer** (1:02)
My mission is simple, to make you money.
I'm here to level the playing field for all investors. There's always a boomerang in somewhere, and I promise to help you find it. Mad Money starts now.

**Jim Cramer** (1:19)
Hey, I'm Cramer.

**Jim Cramer** (1:20)
Welcome to Mad Money. Welcome to Cramer. Other people make friends. I'm just trying to make it a little bit money here. My job is not just to educate, but to entertain. So call me at 1-800-743-CMEC, or tweet me at Jim Cramer. History doesn't always repeat itself.
It doesn't always rhyme, and sometimes it's impossible to make heads or tails of what's going on, regardless of what the history books say. Yet, that never seems to stop the bears from invoking history as a way to scare you out of your stocks.
I'm here to have a lot of talk these days, just like this, just like that. Even after a decent session with the Dow edging up 70 points, SMB advancing 0.65%, Nasdaq gaining 0.81%.
So let me explain what I'm talking about. There are always plenty of seemingly intelligent skeptics in any market. They rarely want to be called bears.
Just wise historians, at least they fancy themselves as such. They give you so-called sage-like advice, like something like this. The four most dangerous words are, this time is different. They sound so brilliant when they tell you that those who think this time really is different are lightweights, amateurs, rookie investors who are about to lose everything. They are fooling themselves into thinking that the same pattern will give them different results. I hear that constantly.
I can't stand these people.
I've made it my life work to prove them wrong. And while times are past, they cross, I found myself on their page during the.com implosion. For the most part, I think they're the ones who lack the rigor. They're the lazy non-intellectual. Those are the ones who are on an intellectual vacation. They revel in making predictions even as they never take responsibility when they get anything wrong. In the.com era, the bears made out like bandits after the peak in March of 2000 But many of these people had been dead wrong for years before that. And after. I want you to be able to participate in any serious rally, even if it turns out to be temporary, because remember from how to make money in any market, most of the money in a given year is made in roughly seven days. It doesn't ever trade, to have to pay to trade in and out. You may miss those days, textbook example. Those who argue it's ridiculous that you could ever rely on NVIDIA chips to be worth anything out more than, say, two or three years. So it's certainly absurd to offer bonds or nodes that are backed by the computing power of the data center, as was roughly promised this Monday when five huge asset managers, Ian Goldman Sachs, teamed up with NVIDIA to announce a new $500 billion effort to establish new compute financing platforms. The depreciation of a semiconductor, any semiconductor, even one as tremendous as those made by NVIDIA, according to the Bears, would be so rapid that it's insane to base any kind of security on these things. Yes, that is the Bear thesis.
But it only makes sense if you've been living in a cave for the last 20 years. Sure, semiconductors couldn't retain their value in the 80s and 90s when Intel kept rolling out big improvements here for your 286, followed by 3740s as a penny. In those days, new chips regularly made the old ones obsolete. It was meant to do, to be that way. But you see, that's no longer how it is. Now, NVIDIA chips are made differently. As we heard yesterday morning from CoreWeave, arguably the best builder of data centers, they just signed a new deal to lease some NVIDIA's A100. NVIDIA A100s, those are from 2020, and they're still selling for about the same price as was originally paid. The GPU shortage is just that dire, and the chips are just that good. NVIDIA's old chips still work just fine. Not only that, CoreWeave CEO Michael Intrader has contracted out those same chips until 2029