Cramer: Trump, let China have Nvidia chips!

Jim Cramer, the host of CNBC's ‘Mad Money’ program, made a striking statement during the G2 summit held in South Korea, announcing that President Donald Trump wanted to leave advanced American microchips in China. This announcement came as Cramer identified himself as 'tough on China.'

Cramer emphasized in a message he posted on the social media platform X on October 30 that his position on chips contradicted the current American strategy. He also stressed that he is not a 'globalist' and holds an understanding of 'fair, free trade.'

These statements came at a time when a meeting aimed at reducing trade tensions between President Trump and Chinese President Xi Jinping was taking place. Trump referred to Nvidia's new Blackwell processors as 'extraordinary chips' and claimed that the U.S. is ten years ahead in this field.

Jim Cramer’s remarks provided a new perspective on controversial negotiations, while Nvidia's CEO Jensen Huang also mentioned that the U.S. cannot win the Artificial Intelligence war and real leadership cannot be achieved by excluding Chinese developers. Cramer's statement 'let's give them' paints a more complex picture for market observers.

On the other hand, Nvidia shares rose by 2.99% on Wednesday, reaching $207.04 and surpassing a $5 trillion market value. It showed an increase of 49.69% by 2025 and 48.59% on an annual basis.

Cramer stated in another message that Nvidia is very close to exceeding the total market value of India.