Jim Kramer here to share with you a sample of my take on the market from today's

CMEC Investing Club warning meeting.

The index has made an incredible comeback.

Yes, it has.

It's only down about 2.5% since those initial so-called reciprocal tariffs were announced.

So it is fought back.

At the same time, you know, dealing with restrictions,

NVIDIA, they had to write down a lot of the inventory of the age 20s. Now we have

this Huawei story about, this is very like DeepSeek. It's like Deep Seek. It's like

Deep Seek was right here and you can see no matter what invidia does it goes down.

Now, we sold some Nvidia because we didn't want to be the Nvidia fund and also because just so it's really clear,

if the government is really against you and this government is a very powerful government, you can't just say I don't care.

That's a recipe for destruction because this is a government like no other

government. It is not sitting here thinking about, well, what happens to Nvidia? That's a big

American company. It doesn't think like that. Yeah. It just doesn't. I mean, the story says the

chips are more powerful than the H-100, which is the hopper. It doesn't mention how they stack up

against the Blackwell, which is what everyone's buying now.

Right.

And it also says the chip less power efficient than the H-100.

You guys were saying on Squawkbox, maybe not as big of an issue for China because they're doing a lot more in terms of nuclear power and solar overseas.

They don't care about the

environment. They just care about the economy. We're thinking about buying some GE

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