Jim Cramer called Nvidia the 'most important stock' in AI and labeled its 22x earnings multiple 'incredibly cheap' despite a 2% drop and $2.3T Mag Seven

Nvidia (NVDA) stock has been lagging recently, but CNBC’s Jim Cramer argues that the chipmaker is still at the center of the artificial intellig...

Jim Cramer called Nvidia the 'most important stock' in AI and labeled its 22x earnings multiple 'incredibly cheap' despite a 2% drop and $2.3T Mag Seven

Nvidia stock is cheap compared to peers for an analyst using forward price-to-earnings estimates.