Jim Cramer Sees Meta Building Cloud Service After NVIDIA GPU Deal
Meta reported Q4 revenue of $59.9 billion and EPS of $8.88, surpassing estimates on holiday ad traffic and AI-driven efficiency gains. After announcing a partnership to deploy NVIDIA GPUs for operations and AI workloads, Jim Cramer speculated CEO Mark Zuckerberg may build Meta’s own cloud web services with millions of AI chips.
1. Strong Q4 Results
Meta reported fourth-quarter revenue of $59.9 billion and earnings per share of $8.88, beating analyst forecasts as holiday ad traffic and AI-led efficiency improvements drove performance.
2. NVIDIA GPU Partnership
The company struck a deal with NVIDIA to integrate GPUs across its core operations and AI training and inference workloads, boosting computing capacity for its platforms.
3. Cloud Service Speculation
Jim Cramer suggested that with this GPU infrastructure, CEO Mark Zuckerberg may be laying the groundwork for Meta’s own cloud web services business, potentially deploying millions of AI chips in data centers.