Jim Cramer Says Nvidia Chips Are Scarce and Holding Value.
Here Is What Investors Need to Know Today
Quick Read – Cramer noted NVDA chips are scarce and holding value as the stock climbed 2.93% to $206.64, extending a 12.8% year-to-date gain. – NVIDIA’s forward supply commitments surged to $119 billion from $50 billion two quarters prior, with Q2 revenue guided to $91 billion excluding China. – CNBC’s Jim Cramer distilled the current NVIDIA setup into one sentence on X: “you get a couple of reports that Nvidia chips are holding their value and are scarce and the stock soars.” The post landed as NVIDIA (NASDAQ:NVDA) closed up 2.93% at $206.64 on August 3, 2026, extending a 6.7% one-week gain and pushing the stock 12.8% higher year to date. For a name with a roughly $5.094 trillion market capitalization, that is a meaningful daily move, and it maps directly onto the two supply-side narratives Cramer is pointing at. The Reports Behind Cramer’s Take Two theories circulating this week gave the scarcity thesis fresh ammunition.
An analysis by Beth Kindig, aka the “Queen of Nvidia,” flagged that TSMC’s N3 process wafer capacity is severely constrained, with the biggest AI chip designers, NVIDIA and Google, both leaning on the same node and rising prices reflecting the bottleneck. Separately, Bank of America is now modeling hyperscaler capital expenditures to exceed $1.2 trillion over the next year, with the sector’s bottleneck shifting from demand to supply. Value retention in the secondary GPU market is the second leg.