"Nvidia's Latest High-End Chip Launch Expected to Drive Stock Surge, Says Jim Cramer"

1 min read
Source: CNBC
"Nvidia's Latest High-End Chip Launch Expected to Drive Stock Surge, Says Jim Cramer"
Photo: CNBC
TL;DR Summary

CNBC's Jim Cramer predicts that Nvidia's shares will receive a boost from the launch of its latest high-end chip, the H200, which is designed for training AI models. Cramer believes that this product will further propel Nvidia's shares amid the ongoing boom in generative artificial intelligence. Nvidia's stock has already surged 240% since the beginning of 2023, and the company's latest offering is expected to contribute to its continued success in the market.

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