Jim Cramer Declares NVIDIA a 'Meme Stock' Amid Market Volatility

Jim Cramer has criticized President Trump's recent tariffs, stating they are harsher than anticipated and could lead to higher consumer prices. He emphasized that Trump's administration appears indifferent to stock market reactions, focusing instead on achieving its broader goals. Amidst this, Cramer discussed the performance of NVIDIA (NASDAQ: NVDA), highlighting its resilience in the market despite bearish sentiment from some analysts. He expressed a strong defense of NVIDIA, claiming that negative narratives surrounding the company are misleading. Analysts remain optimistic about NVIDIA's future, with confidence in its upcoming product launches and financial performance. Overall, Cramer suggests that investors should remain cautious yet attentive to potential buying opportunities in the current market environment.