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Squawk on the Street

CNBC Investing Club: Cramer’s Morning Take on Nvidia 5/21/26

Squawk on the Street

CNBC

News, Investing, Business

4.0566 Ratings

🗓️ 21 May 2026

⏱️ 4 minutes

🧾️ Download transcript

Summary

Cramer reacts to earnings from this chip giant. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market’s biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up here: cnbc.com/morningtake CNBC Investing Club Disclaimer

Transcript

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0:00.0

Jim Kramer here to share a short preview of my take on the market from today's

0:06.5

members-only CNBC Investing Club morning meeting.

0:09.0

Join the club for full access to the morning meeting every day at 1020 a.m.

0:14.0

Visit CNBC.com slash morning take to sign up today.

0:19.0

That's one word, morning take. Everything up today. That's one word morning tape.

0:23.6

Everything was looking real good and then suddenly what happens? Well, oil goes up because of some

0:28.9

statements that we got out of the Iranians that looked like there really isn't that much of a deal.

0:33.6

And then that has been right down through interest rates to stocks, including NVIDIA,

0:38.7

which is just down badly now after being up earlier today.

0:42.1

Yeah, coming off a really nice rally yesterday, a nice broad-based rally is oil fell below 100,

0:47.7

but now it's back above 100.

0:49.9

Earnings-wise, Nvidia strong.

0:52.8

More broadly, I would say, mixed, but that's focus on

0:55.1

Nvidia first because you did have a healthy revenue beat, a healthy guide, revenue beating

1:02.2

expectations by 2.7 billion, even though no contribution from China on compute.

1:09.6

Earnings better than expected. Some of the big takeaways. Yes, obviously

1:13.6

the GPUs, but even their arm-based Vera CPU, they have visibility into around 20 billion

1:19.8

in total revenue just this year, which would make them one of the largest CPU providers in the

1:24.8

world. Instead, people are buying our arm. Yes.

1:29.3

Because it is arm-based. It's their license.

1:30.5

Yeah, so they'll get some nice royalty revenue there.

1:34.4

This stock's up about 30% this week.

...

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