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NVDA

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As investors digested the highly-anticipated earnings report from Nvidia , CNBC's Jim Cramer rejected the notion of a looming artificial intelligence bubble, saying the massive AI spend across Big Tech is worthwhile.

"I don't care about the seemingly sky-high market capitalization that these stocks have. I'm simply trying to put a valuation on a company that makes what you need to become one of the serious players in AI," he said. "I learned not to question Amazon or Microsoft or Google or Meta or even Tesla — the big customers — a long time ago. They know more than I do…I'm just grateful they let me along for the ride."

Nvidia beat expectations for earnings and revenue, and its guidance came in hig

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