Jim Cramer says Nvidia chips are scarce and holding value, pushing NVDA stock up 2.93% to $206.64 on August 3
CNBC host Jim Cramer stated on X that Nvidia chips are scarce and retaining value, which he attributed to the stock's surge. This comes as analysts point to severe constraints in TSMC's N3 process wafer capacity, with major AI chip designers like Nvidia and Google relying on the same node, leading to rising prices. Additionally, Bank of America projects hyperscaler capital expenditures to exceed $1.2 trillion over the next year, shifting the sector's bottleneck from demand to supply. Nvidia's Q1 FY2027 report, filed May 20, 2026, showed record revenue of $81.615 billion and forward supply commitments jumping to $119.0 billion, further indicating strong demand outstripping supply.
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