Jim Cramer lauded NVIDIA’s exceptional quarterly performance, calling out strong gross margins and extraordinary business growth. He emphasized partnerships with Anthropic and OpenAI as key drivers of momentum and asserted the company laid out a plan to generate trillions of dollars from AI applications.

Cramer highlighted NVIDIA’s scheduled debut of next-generation AI superchips later this summer, predicting these products will fuel the next wave of machine reasoning capabilities. He framed the new hardware lineup as critical to capturing expanding demand across self-driving cars, robotics and digital twin markets.

Despite the upbeat commentary, NVIDIA shares dropped sharply at the opening bell under what Cramer identified as an unannounced large-scale sell program. He described the selling pressure as unrelated to fundamentals, suggesting it created a temporary overhang on the stock.