Squawk on the Street Cramer's Morning Take: NVIDIA 11/3/25
8 snips
Nov 3, 2025 In this discussion, Jeff Marks, a contributor to the CNBC Investing Club and investing expert, joins Jim Cramer to dive into Wall Street dynamics. They evaluate the potential undervaluation of NVIDIA, spurred by significant developments like OpenAI's substantial AWS contract. Marks highlights Nvidia's upcoming GPU shipment ramp and the implications of these trends on tech valuations. The duo emphasizes a fresh approach to analyzing big tech companies, advocating for a focus on individual market performance over blanket assessments.
AI Snips
Chapters
Transcript
Episode notes
The Heaviest Corporate Card Image
- Jim Cramer describes an exaggerated heavy-metal corporate credit card as a show of corporate power.
- He uses the image to illustrate corporate signaling and business theatrics.
OpenAI Deal Validates NVIDIA Demand
- OpenAI signed a $38 billion AWS infrastructure deal mainly because of heavy NVIDIA compute needs.
- Jim Cramer sees this as validation that NVIDIA demand and cloud partnerships are accelerating rapidly.
NVIDIA Shipments Could Double Soon
- Loop Capital raised NVIDIA's price target on expectations GPU shipments will roughly double in 12–15 months.
- Cramer argues market narratives (e.g., China restrictions) are evolving but don't eliminate strong demand for NVIDIA products.