Jim Cramer on NVIDIA: “It Is Being Slaughtered Like Everything Else” - Yahoo Finance

In a June 12, 2026 financial news article, renowned TV host Jim Cramer expressed a pessimistic view on NVIDIA’s market performance, stating that it is being sold off like other tech stocks. However, h... Read original →

Cramer’s near-term bearishness on NVIDIA overlooks its structural moat. Sovereign AI initiatives are driving direct government procurement of H100/B100 chips, reducing hyperscaler dependency and boosting pricing power for high-end GPUs. Technically, the shift toward Mixture-of-Experts (MoE) architectures intensifies demand for high-bandwidth interconnects—NVIDIA’s NVLink and Grace CPU integration create a formidable vertical stack. However, escalating U.S. export controls inflate compliance costs and force China-specific chip variants, eroding margins. Competitors like AMD (MI300X) and cloud-native ASICs (e.g., Google TPU v5e) are leveraging IPO-funded data center expansions to lock in long-term supply deals. Over the next 18 months, software ecosystem stickiness and energy efficiency—not raw FLOPS—will dictate market leadership. If Blackwell Ultra ramps on schedule, NVIDIA can retain >40% market share through 2027, but post-capex-cycle valuation will pivot from growth to cash-flow discounting.