Jim Cramer of CNBC celebrated Nvidia’s latest achievement as the company became the first to hit a $4 trillion market capitalization during trading. Though it closed slightly below that at $3.97 trillion, Nvidia’s ascent underscores its dominance in the tech industry.
Surpassing giants like Microsoft and Apple, Nvidia now holds the title of the most valuable company in the world—a title once held by its current rivals. Cramer emphasized the magnitude of this milestone and suggested it reflects Nvidia’s unique role in today’s technological transformation.
Nvidia Leads New Industrial Revolution, Surpassing Microsoft and Apple in AI Dominance
Cramer contrasted Nvidia’s current impact with that of Microsoft and Apple in earlier decades. While Microsoft and Apple drove the rise of the personal computer, Nvidia is at the forefront of what Cramer calls a “new industrial revolution”—driven by artificial intelligence.
This revolution is characterized by rapid advances in computing and automation, and Nvidia is supplying the chips that power it. According to Cramer, this sets Nvidia apart as the current leader in reshaping industries.
Nvidia Tops $4 Trillion as Cramer Hails AI Giant’s Role in New Industrial RevolutionNvidia’s explosive growth stems largely from its pivotal role in the generative AI boom. Wall Street and major corporations are heavily investing in AI technologies, and Nvidia’s chips are widely considered the best available.
As tech giants race to deploy advanced AI models, demand for Nvidia’s hardware continues to surge. Cramer pointed out that systems with inferior GPUs are becoming obsolete, solidifying Nvidia’s dominance in the AI hardware space.
Nvidia’s Technology Reshapes Global Labor, Industry, and Geopolitical Power Dynamics Worldwide
Cramer also discussed how Nvidia’s technology is enabling game-changing applications like humanoid robots and self-driving vehicles. These innovations could revolutionize business operations by taking over routine or hazardous tasks and even displacing certain white-collar roles.
The implications go far beyond tech; they signal a reshaping of labor and productivity across sectors. Nvidia’s products are positioned as foundational tools for this shift.
Beyond its market success, Cramer highlighted Nvidia’s strategic value in geopolitics. He suggested that the U.S. can leverage Nvidia’s in-demand products as a bargaining chip in its trade relationship with China, which desires access to the chipmaker’s technology.
Despite China’s massive manufacturing capabilities, Cramer argued that Nvidia holds greater geopolitical value. He concluded with a bullish note, urging investors to “own it, don’t trade it,” and hinted at a future $5 trillion valuation.
