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Cramer says he’s not ready to sell Nvidia, sees stock at $10 trillion one day

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CNBC’s Jim CramerHe stated Wednesday that he is not willing to sell shares NvidiaYet, he still booked profits in the two big charities trusts he won. Advanced Micro DevicesAnd Ford.

Cramer spoke “Fast Money Halftime Report”According to him, Nvidia may one day become a $10 Trillion stock. Stocks rose 145% in the past year to a stock market worth more than $800 billion.

Cramer is a huge fan of Nvidia. It is the biggest maker of artificial intelligence and graphics chips worldwide. His dog Nvidia is even his name. He can be seen on TV and at his club for investing. “Mad Money” host has praised CEO Jensen Huang’s vision for how the metaverse — or omniverse, which is Nvidia’s preferred term — can be used by businesses to reduce wastefulness and increase efficiency.

Cramer took a trip to Silicon Valley last month and visited Nvidia Headquarters. interviewed HuangDays after company reports better-than-expectedIts fiscal third quarter earnings and revenues and its blowout forward guidance.

“I was just there, and it was amazing. Jensen Huang and I took us time-traveling. Cramer spoke Wednesday about time traveling, and what he witnessed regarding the Omniverse and Nvidia technology that can be applied to self-driving vehicles. He admitted that he was piggish about Nvidia, as it may be a $10 billion stock.

Cramer has recently cut positions at Advanced Micro Devices, Ford and other companies than Nvidia. “I am being a pig in Nvidia. “I decided that I could not be a Ford pig anymore,” he said, adding that he trusted him. sold some Ford holdings in late OctoberHe said, “When it doubled.” Then he stated that AMD was “not for me” as he experienced an average gain of 80%.

Cramer revealed Wednesday morningHis trust purchased AMD shares. He stated that the AMD sale was solely to manage portfolios and did not affect our long-term bullish view on the company.

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Jim Cramer Charitable Trust holds long NVDA (among AMD, F. Nvidia, Ford)

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