Cramer Dismisses Nvidia Stock Drop, Calls Microsoft AI Chip Rumors 'Misinformation'
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Cramer says he "will not sell" Nvidia stock due to "misinformation" about Microsoft making its own AI chip. He remains bullish on Nvidia.
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Microsoft rumored to be launching its first in-house AI chip, which could reduce reliance on Nvidia chips.
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Nvidia has been frontrunner in AI with advanced GPUs, networking, memory for AI models like ChatGPT.
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Demand for Nvidia chips surging, supply struggling to keep up based on strong Q2 earnings.
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Cramer predicts Nvidia stock drop is temporary due to "misinformation," remains very positive on company's tech and leadership.