Why investors can trust that Nvidia’s stock is bottoming

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Investors can trust that Nvidia’s stock has bottomed following its upbeat earnings report for a few key reasons, CNBC’s Jim Cramer said Friday after the chipmaker’s shares gained 1.82 percent.

The first is CEO Jensen Huang’s own outlook for his industry, which he put quite simply on the post-earnings conference call: “The world needs more computing.”


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