TECH - Jim Cramer Predicts The Impact Of Nvidia's Efforts 'Will Indeed Create The Next Industrial Revolution' | Benzinga
CNBC’s Jim Cramer expressed his belief that NVIDIA Corp (NASDAQ:NVDA) will be the driving force behind the next industrial revolution.
What Happened: Cramer made this declaration on Monday, following his attendance at Nvidia’s conference in San Francisco. He emphasized the company’s potential to revolutionize enterprise with its software, which can significantly enhance processes and innovation while reducing costs across various sectors, reported CNBC.
“The sum of all that Nvidia’s doing will indeed create the next industrial revolution, because Nvidia’s about the speed with which we can arrive at smarter, better answers,” said Cramer.
Although Nvidia’s business might not be as tangible as that of its tech peers, such as Microsoft Corp (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG), or Amazon.com Inc (NASDAQ:AMZN), Cramer believes it is equally valuable. He highlighted the inefficiencies of current digital processes compared to what Nvidia’s technology can achieve.
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