We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks.
NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks discussed by Jim Cramer
The day this show was aired was a crucial one for AI GPU giant NVIDIA Corporation (NASDAQ:NVDA) as it had just reported its latest earnings. The results, which covered its first quarter of fiscal 2027, saw the firm post $81.6 billion in revenue, $53.53 billion in operating income and $58.32 billion in net income. NVIDIA Corporation (NASDAQ:NVDA)’s revenue set another record, and it also raised its quarterly dividend per share to 25 cents.
Ahead of the quarter, Cramer had stressed the need for management to discuss custom AI chips. After the results, he added that NVIDIA Corporation (NASDAQ:NVDA) needed to beef up its dividend and emulate Apple’s approach: “Well look, the stock was up a little bit, before the new, Iranian news, trading off that, trading off the bonds, trading off anything other than NVIDIA was talking about last night. The stock, that there were ten firms I saw that already [inaudible] targets.