We have a glorious lack of big picture economic information right now, says Jim Cramer

Hey, maybe maybe that was the sell off. Maybe things fell enough. Maybe they fell too much. And that’s what I’m beginning to believe is I surveyed the sometimes massive destruction in stock prices that we’ve experienced in March and April. Of course we have a glorious lack of big picture economic information right now. Getting some weaker labor numbers last week that could put the Fed on a course to cut interest rates. There’s not much else macro ahead, at least not anytime soon. Oh, we got a couple of Fed officials lurking around waiting to speak in public. There’s some errant consumer confidence numbers on the way, not to mention worries about Disney’s number just tomorrow. But otherwise, when you look at the survey, today’s action Dow gaining 107 points, SP jumping 1.03%, NASDAQ advancing 1.19%, you know we’ve now moved on to an aftermath of a pretty vicious sell off and any decline from here might be an occasion to bye, bye, bye. In other words, maybe, maybe the worst is behind us. Let’s take the quintessential stock of the new year to be able to put this in context. OK, let’s take NVIDIA. I want you to think of the NVIDIA arc. The stock which had been a rocket, started fizzling on March 8th. That’s when it peaked when we got a surprisingly strong employment report that made us feel like the Fed was foolish to take more rate hikes off the table. Remember that. So what’s happened since then? Well, OK, so NVIDIA introduced an incredibly revolutionary chip. It’s called Blackwell. Far faster, not faster, but far faster than anything that’s currently available. Put that perspective, let’s say I, I, I wanted to use an example just so you can always, it comes to life this way. Let’s say you want to teach a robot to pitch in Major League Baseball. Well, right now you they would just get, they would be hit, they’d be pulled in the first inning. But you show Blackwell, OK, the computer videos of all the great pictures you load them in. Then you show Blackwell videos of all the great hitters. Load those in, or at least the hitters of a really good team. Blackwell can then tell the robot exactly what to pitch and where to place it. And the robot will get this. It will pitch a perfect game. Every single time. Every time. And that’s just one example of how revolutionary this chip is. Blackwell can help figure out how all the major illnesses operated a micro level because it can rapidly map and understand proteins that used to be an insanely time consuming course. Now look, this does not mean a cure. Far from it. OK, I don’t even want to. I don’t want to. Suppose that. But it means that research can be accelerated, and that is often what really needs to happen. The Blackwell supercomputer offers an Omniverse product. That product can work with Apple Vision Pro to build something verse virtually so that you can perfect the design and then help execute it in reality with a fraction of the waste. And waste really matters these days. We saw it made me feel when I was in that Nissan Roadster, when I was actually just sitting in a chair. People are laughing at me about the power of the Vision Pro and I get that. But you know what? I’m going to laugh. Not on like Carrie in that great gym scene. Now this technology can speed up any of the hyperscalers programs. Amazon, Alphabet, Meta, Microsoft all seem to want Blackwell chips, even if they are developing their own less powerful in house semiconductors, which we hear about constantly. But they don’t compete with what NVIDIA is doing. Don’t miss a second of Mad Money Follow at Jim Cramer on X. Have a question? Tweet Kramer Hashtag Mad Mentions Send Jim an e-mail to [email protected] or give us a call at one 807 four Three. CNBC. Miss something? Head to madmoney.cnbc.com.