Cramer's Morning Take: Nvidia 11/3/25

Squawk on the Street

CNBC

Business, Investing, News

4.1 • 567 Ratings

🗓️ 3 November 2025

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

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Summary

Cramer lays out why this Wall Street darling may be undervalued. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer

Transcript

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0:00.0	Jim Kramer here to share with you a sample of my take on the market from today's
0:06.7	CNBC Investing Club morning meeting.
0:08.8	So I come in this morning, literally at 901, I discovered that OpenAI has signed a $38
0:14.8	billion infrastructure deal with AWS, and a lot of it is because they have so much
0:19.1	Nvidia compute.
0:20.1	So this is kind of really where I was going this weekend.
0:23.1	Yeah, and Open Eye will immediately begin running workloads on AWS infrastructure.
0:27.1	And keep in mind, Jassy Tease something was coming on that earnings call Thursday.
0:31.6	So great to see it deliver so quickly.
0:33.6	Remember.
0:34.6	Yeah.
0:35.6	He schedules that.
0:36.6	He does an arc. He hits the top of his calls.
0:39.3	The thing he's thinking most importantly, and boom.
0:42.3	Yeah.
0:43.3	And this is for existing AWS infrastructure.
0:44.3	They're going to build out additional infrastructure for Open AI in the future.
0:49.3	So a really good sign there.
0:51.3	And then you have in video, Loop Capital raises their price target to 350 from 250.
0:57.1	So, you know, big numbers here.
0:59.6	Just talking about how they're about to ramp up GPUs that will essentially double unit
1:04.7	shipments in the next 12 to 15 months.
	...

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