Also Read: AMD Expands Partnership with Samsung, New 3nm Chips to Boost Market Share

Cramer emphasized that Nvidia’s significance extends beyond gaming. He highlighted Nvidia’s pivotal role in artificial intelligence, cloud computing, and data centers, which drive its growth.

“Nvidia’s chips are the backbone of AI advancements and have become essential for tech companies and industries worldwide,” Cramer said.

Cramer noted, “Nvidia’s potential is immense, and its products are increasingly becoming integral to the tech infrastructure, making it a company that could redefine the future of technology.”

Nvidia stock gained over 186% in the last 12 months. Investors can gain exposure to the stock via VanEck Semiconductor ETF (NASDAQ:SMH) and Return Stacked Bonds & Managed Futures ETF Grizzle Growth ETF (NYSE:DARP).

Price Actions: NVDA shares were trading lower by 0.43% at $1,143.31 premarket at the last check on Thursday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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