Jim Cramer Says Nvidia's Next Decade Could Be Even More Life-Changing Than the Last

Jim Cramer of CNBC says Nvidia (NVDA, Financials) is just beginning. On Yahoo Finance's Opening Bid Unfiltered podcast, Cramer said the chipmaker's next decade might change the way many industries work and even how people think.

Cramer touted Nvidia's "chip reasoning platform," which could one day make better decisions than humans. AI chips might replace junior associates in law firms' monotonous research and analysis work, he said.

He compared the potential breakthrough to Vera Rubin's dark matter discovery, which revolutionized science. Cramer said he believe in Nvidia's long-term vision since he visited CEO Jensen Huang in 2017 and observed early AI demonstrations that created art, theater, and restaurant scenes, which appeared impossible at the time.

Nvidia's stock has risen over 1,200% in five years, but Cramer thinks there's more upside. He acknowledged various challenges, including the necessity for licensing arrangements with publishers like The New York Times to appropriately train AI models.

Wall Street backs the company. With 36 Buys, two Holds, and one Sell in the previous three months, analysts rate NVDA a Strong Buy. Average price objective of $216.78 implies 16.8% upside.

Cramer believes Nvidia's future is altering technology's relationship with human intelligence.