Cramer Shares His Thoughts On Nvidia

On CNBC's "Squawk on the Street," Jim Cramer shared his thoughts on the popular chipmaker Nvidia Corporation NVDA.

"All Nvidia does is shoot the lights out," said Cramer. He went on to say it raises expectations too high.

If Nvidia gets ARM, they will be what people used to think of Intel INTC as, said Cramer.

Competition in the chipmaking space has been heating up recently. Advanced Micro Devices AMD, has been sharpening its edge on competitors with stronger, faster products that do well at competing with its competitors.