CNBC Investing Club: Cramer’s Morning Take on Nvidia 6/1/26
Squawk on the Street
CNBC
4.0 • 566 Ratings
🗓️ 1 June 2026
⏱️ 4 minutes
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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 CBC Investing Club morning meeting. |
| 0:09.5 | Join the club for full access to the morning meeting every day at 1020 a.m. |
| 0:14.7 | Visit CNBC.com slash morning take to sign up today. |
| 0:19.8 | That's one word, morning take. sign up today. That's one word morning tape. |
| 0:23.3 | From an index perspective, it looks muted. |
| 0:27.6 | A lot of that has to do with a nice move in Nvidia. |
| 0:30.3 | Right. |
| 0:30.6 | At this Taiwan's Computex conference this morning, where they unveiled a new arm-based |
| 0:36.7 | custom N1X processor made alongside |
| 0:40.3 | Microsoft. |
| 0:41.6 | Yes, that was an amazing. |
| 0:43.1 | There was so much it was amazing. |
| 0:45.1 | Invidia obviously linked with our arm holdings that stock's been a double now for us. |
| 0:49.4 | And, uh, Invidia, by the way, when, was it 316, uh, |
| 0:54.3 | at 3.48? And then they, their buyback has to be done at 350. This was last Friday. Byback has done three. Some rebalancing, perhaps, you know, just like that. And that's, I mean, because there's no buyback. There's no one of suedee Friday. they're going to have to fix these. I'm going to be after them to fix this. And they will respondably because they sometimes respond to ridicule. And that's what's headed their way. This is a gigantic stock. Because of the way they did the rebalance and how they hide it, there was no buyer to take advantage of it. Well, now we've got people buying it. It's up 10. Do I think it should be up 10? I have to tell you, I was listening to everything. And this is a paradigm shift. He's going to move into a whole new market, which are PCs. Yes. And he's got the whole new market of the France and Indonesia. And he's talking about these big, look, I think the sovereign |
| 1:46.7 | market's very big. And then he deemphasized almost entirely Amazon, nothing mentioned Amazon, |
| 1:52.3 | and took a shot at Alphabet by saying, listen, they actually want our chips. So this was like |
| 1:57.6 | a line in the sand. Guys, I know you've got these great chips, but they're not worth what you think they are because they don't come with the stack. |
| 2:04.7 | Oh, yeah. |
| 2:05.0 | This processor will be incorporated into the new RTX Spark debuting this fall. |
| 2:09.5 | It's a new line of Windows PCs built for personal AI agents. |
... |
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