Jim Cramer says Nvidia is a clear winner from Dell's monster quarter - CNBC

Following Dell's strong quarterly earnings report, financial commentator Jim Cramer highlighted NVIDIA as a clear beneficiary of the results. Dell's performance underscored robust growth in its data c... Read original →

Dell’s explosive earnings signal the full ignition of the AI infrastructure cycle. Its data center reliance on NVIDIA’s H100/B100 GPUs is accelerating adoption of CPO and liquid-cooling architectures, with TSMC’s CoWoS capacity now a critical bottleneck. Geopolitically, tightening U.S. export controls on AI chips to China are forcing OEMs like Dell to reconfigure assembly lines in Mexico and Vietnam, inflating compliance costs by over 30%. NVIDIA’s Grace-Hopper superchip design has already locked in premium market share. AMD’s MI300X may gain footholds, but its software gap leaves CUDA’s dominance unchallenged. Over the next 18 months, cloud capex will pivot sharply toward AI clusters, driving upgrades across HBM memory and NVLink interconnects—cementing NVIDIA not just as a volume beneficiary, but as the architect of next-gen AI infrastructure standards.