Jim Cramer on Nvidia: CEO Jensen Huang has a view 20 years ahead, not two quarters ahead
Duration
5:09
Captions
1
Language
EN
Published
Oct 7, 2025
Description
'Mad Money' host Jim Cramer joins 'Closing Bell Overtime' to talk Nvidia's massive run to the top of the market, Cramer's latest book, AMD's big partnership announcement, and more.
Captions (1)
Well, Morgan, time for a little history
lesson. September 30th, 2009. That is
the date when Jim Kramer first
recommended Nvidia on Mad Money in 2010,
the year I started at this network. CEO
Jensen Hang had his first interview on
that show. And June 20th, 2017, that is
when Jim Kramer was all in on Nvidia
stock, even naming his dog Nvidia.
Nvidia stock now up more than 4600%
since then. So if you had invested a
little more than $20,000 that day, you'd
have a million dollars from just that.
Now Nvidia has meanted many millionaires
over those years. And some of them were
present at Jim's investing club meeting
with Jensen Hong earlier today. Joining
us now is Mad Money host Jim Kramer.
He's also got a new book out. I'm gonna
hold it up right next to my face here
called How to Make Money in Any Market.
I like how I have the A's, the green,
and the red pointing up, pointing down.
Jim, great to have you here over time.
So, tell us what did Jensen come into
your club meeting?
>> He wanted to meet people who had done
well
>> and he wanted I mean, we let me just
give you I'll work backwards. We're all
done. I say I know he's got a million to
go. He says, "No, we want pictures." And
so, we were going to do a giant group
picture. He said, "No, that's not
enough. I want individual pictures. I
want pictures row after row. So we did
that. He is different. Uh you know he's
different. You did that fantastic
interview when he got the big deal. Of
course then subsequently have an AMD
deal we can talk about. But he's a
gracious terrific person and he just
wanted to thank people for owning it and
not trading it.
>> You've also said that about Apple, but
you don't give advice based on how nice
the CEO is.
>> No, that's true. And you talk about that
in the book how you know you don't get
attached to management. You you react to
what the stock is actually telling you.
What was special about Nvidia? What's
your advice on how to identify some of
these breakout names that are going to
be a covering for some of the mistakes
that every investor
>> Well, a lot of times what you want to do
is you want to gauge the perception
versus the misperception. For instance,
I thought that Nvidia was a gaming chip
company and then I went to the uh Audi
showroom. It was now I don't know 12
years ago and I saw these this
technological marbles and I started
badgering the guy who ran North America
out. Whose technology is oh it's just I
said no whose is it? And he said it's
Nvidia. I said no that's Nvidia. You
know there must be I'm sorry that's a
gaming chip company. He goes actually no
you should be corrected here. It is a
company that has tremendous chips that
are also in gaming. And that got me
thinking now wait a second. Here's a
company that I regard as being one a
technological marble auto company and
they are endorsing a company. I'm wrong.
And when you start thinking, you said,
"You're wrong, Jim. You're wrong. Dig
deeper. Dig deeper. Dig deeper." And
finally, we get to the um to the Mecca.
We get to his place and we see the
things that Jensen's working on and
they're insane. I mean, he takes me my
first trip. He says, "Here's this. I'm
training dogs to metal mechanical dogs,
robots to pick up jello cubes." And I
said, "Well, why?" He goes, "Because
when one gets it all the way up, you
have to give them the reward." And I'm
thinking, "Well, that doesn't that
doesn't really answer the question,
Jensen." He goes, "Oh, no, it does.
Think about it. That's him. I mean, it's
very Socratic. He's a Socratic teacher."
And you started realizing maybe I'm just
in the presence of someone very
different who's got a view 20 years
ahead. And he would tell you, we spoke
about that, the idea, it's easier to
have a view 20 years ahead than it is to
have two quarters ahead.
>> Jim, it's Morgan. First of all,
congratulations on the amazing investor
club meeting today. Uh
>> oh, thank you, Morgan.
>> And uh and on the book as well and and
just given this idea of how to make
money in any market, given the fact that
AI is dominating the market right now, I
I wonder what you how you would
categorize this market, especially as
we've had a lot of folks on our air who
have been debating whether we're
inflating another bubble or not.
>> Well, look, I think that you have to
have tr you have to have trust in the
actual stock market. Now, you listen to
these people that say it's a bubble, but
you want to be in. So, don't buy all at
once. I mean, the people who bought
aggressively at 9:40 this morning are
now your enemy. They are trying to
figure out what they did wrong. They
want to get out before the next
billionaire comes on air and says it's a
bubble. They are just really bad
holders. And that's who's going to
dominate some of these stocks for a
couple days because of what happened
today. But, you know, Morgan, I always
look at I say, do you believe in the
company? If you don't believe in the
company, you just believed in the
trajectory of the stock, then you're
going to go, you're going to get blown
out. better better to be blown out now
than be blown out later. But if you
actually believed if you actually read
up about say what Jensen's doing and
realized that you know it's a $4
trillion company that no one thought it
could ever be a trillion dollar company.
Well then you it should take solace in
the fact that that it did get there and
it can go higher. So what I would tell
people is do you know what you own?
Because if you don't know what you own,
you just think you owned a hot nuclear
stock. It may cool for a couple of days
and it'll shake you out. And that's what
you need to be worried about is how
badly you're going to take a hit because
you didn't know what you bought in the
first place.