Jim Cramer Says “You Better Believe NVIDIA (NVDA)’s Getting a Big Cut” Of the AI CapEx By Mega-Cap Tech
•February 10, 2026
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Companies Mentioned
Why It Matters
The endorsement signals strong demand for NVIDIA’s GPUs, reinforcing its growth trajectory and prompting investor re‑allocation toward AI‑centric assets.
Key Takeaways
- •Mega‑cap tech firms planning massive AI capital expenditures
- •NVIDIA expected to capture largest share of this spend
- •Stock rose 8% after Cramer’s bullish remarks
- •Current valuation around 24× earnings, seen as a coiled spring
- •Analysts view NVIDIA as key AI infrastructure driver
Pulse Analysis
The surge in AI‑related capital expenditures across mega‑cap technology companies is reshaping the hardware supply chain. Industry giants such as Microsoft, Amazon, and Alphabet are allocating billions to build or expand AI compute capacity, and the bulk of that spend is earmarked for high‑performance GPUs. NVIDIA, with its dominant position in accelerated computing, stands to capture the lion’s share of this wave, reinforcing its status as the de‑facto platform for training large language models and other data‑intensive workloads.
Jim Cramer’s recent remarks amplified market enthusiasm, propelling NVIDIA shares up roughly 8% in a single session—the strongest rally since April 2023. He highlighted the stock’s modest 24‑times earnings multiple as a discount relative to its growth potential, likening it to a coiled spring ready to release energy. This narrative resonated with investors seeking exposure to AI growth while the broader market remains cautious about valuation peaks, prompting a notable shift in portfolio allocations toward NVIDIA.
Looking ahead, NVIDIA’s trajectory will hinge on its ability to sustain supply, innovate next‑generation architectures, and fend off competition from emerging rivals like AMD and specialized AI chips from Google and Amazon. Continued AI capex from mega‑cap firms will likely fuel demand, but supply chain constraints and pricing pressures could temper upside. For investors, the key takeaway is that NVIDIA remains a pivotal catalyst in the AI ecosystem, offering both growth opportunities and exposure to sector‑wide dynamics.
Jim Cramer Says “You Better Believe NVIDIA (NVDA)’s Getting a Big Cut” of the AI CapEx By Mega-Cap Tech
NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer looked at recently. Cramer highlighted one of the company’s growth catalysts, as he said:
That leaves us with NVIDIA, which hasn’t reported yet, but when you see all these mega‑cap tech companies budgeting insane amounts of money for capital expenditures, you know a lot of that’s going to NVIDIA. Sure, some of it will go to Broadcom and Marvell Tech, but you better believe NVIDIA’s getting a big cut of it. Maybe that’s why the stock’s surged nearly 8 % today, its best session since April of last year, and many had just begun to give up on it.
Image: “Jim Cramer Says ‘You Better Believe NVIDIA (NVDA)’s Getting a Big Cut’ of the AI CapEx By Mega‑Cap Tech”
NVIDIA Corporation (NASDAQ:NVDA) develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technologies. Cramer discussed the stock during the February 2 episode and commented:
There’s nothing magnificent about them. There’s nothing even special. My trust owns a bunch of these, I’m very conscious of this, six of the seven. And we respect them. We know that they can take off. Some are just resting. I think NVIDIA’s taking a breather, which is usually what you see before it makes a gigantic move. The darn stock now trades at just 24 times earnings. I call it a coiled spring. Still up over 55 % from the past year, well in excess of the S&P 500. I think you need to buy some here, maybe tomorrow. I don’t know if you don’t own it already. NVIDIA’s still magnificent to me. It does, the stock acts terribly. I know that.
Disclosure: None. This article is originally published at Insider Monkey.
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