Jim Cramer: Dell's strong earnings once again confirm AI demand, and Nvidia remains the best investment in the AI sector
BlockBeats news, May 30, former hedge fund manager and CNBC program host Jim Cramer stated that Dell’s latest financial report once again confirmed his bullish view on Nvidia. Driven by strong demand for AI servers and data center infrastructure, Dell's share price surged 30% on Friday, likely to set a record for the best single-day performance in its history. Cramer believes that as a key partner in Dell’s AI systems, Nvidia is the most worthwhile stock to buy amid the current wave of AI infrastructure construction.
Cramer said: “This is the stock you should be buying.” He believes Nvidia remains the best choice for taking part in AI development and expects that during next week’s Computex in Taipei, industry executives such as Jensen Huang will further signal next-generation AI demand.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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