Nvidia introduces Rubin CPX GPU, a next-generation AI accelerator architecture.
NVIDIA Corporation (NASDAQ:NVDA) has been selected as one of the 12 Jim Cramer Stock Picks this week, entering Cramer's category of 'high-powered long-term growth stocks' on the strength of its recent performance and product announcements. The company's second-quarter 2026 revenue reached $46.74 billion, representing a 56% year-over-year increase and signaling a positive outlook. Contributing to this growth is the Blackwell Data Center revenue, which rose 17% quarter-over-quarter, demonstrating sustained momentum in the company's core business segments.
On September 9, 2025, NVIDIA Corporation announced the NVIDIA Rubin CPX, a new class of GPU designed specifically for AI video and software creation. This product launch was aimed at addressing the evolving complexities of the AI landscape, particularly for tasks involving millions of tokens in software coding and generative video. The market received the announcement positively, with the company's stock recording a weekly performance uptick of 6.47% during the announcement week.
Jim Cramer's selection of NVIDIA as a high-powered long-term growth stock, which he included in his fantasy stock portfolio on CNBC, reflects the strong market confidence in the company. This institutional enthusiasm is further evidenced by the fact that 235 hedge funds are currently invested in the stock. NVIDIA Corporation, a multinational technology company founded in 1993 and headquartered in California, has established itself as a global leader in designing GPUs for the gaming and professional markets, as well as for artificial intelligence, data centers, and autonomous vehicles.
While acknowledging NVDA's risk and potential as an investment, some analysts believe that other AI stocks hold greater promise for delivering higher returns within a shorter time frame. This perspective suggests that investors may encounter opportunities in the AI sector with potentially greater upside potential than what NVIDIA currently offers.