Jim Cramer says Jensen Huang’s Computex keynote revealed more winners in the AI boom
Jim Cramer says Jensen Huang’s Computex keynote revealed more winners in the AI boom
Publish Date: 2026-06-01 18:20:00
Source Domain: www.cnbc.com
- Nvidia CEO Jensen Huang’s Computex keynote emphasized the importance of compute power as a profit engine in the age of artificial intelligence, echoing with Wall Street and leading to key stock rallies.
- Despite external market pressures like rising oil prices and tensions in U.S.-Iran peace talks, AI-related stocks, including Nvidia, saw significant increases, with Nvidia jumping 6%.
- Jim Cramer praised the keynote for countering skepticism regarding the profitability of AI infrastructure, stating that the message resonated positively with investors.
- Huang announced Nvidia’s full-scale entry into the personal computer market and emphasized that computing power translates to revenue increases.
- Shares of Oracle, Nebius, and CoreWeave jumped significantly amid Huang’s presentation, countering past questions about their substantial spending on AI infrastructure.
- Cramer reinforced the investment case for owning shares in Nvidia alongside AI-focused companies like Amazon and Alphabet, highlighting the vast opportunity in AI.
- Cramer lauded Huang’s keynote for effectively countering the narrative that AI infrastructure spending has become excessive, affirming that compute will yield substantial returns.
