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CNBC's Jim Cramer unpacked Monday's market action and reviewed why artificial intelligence giant Nvidia saw gains after it announced a partnership with Synopsys, an electronic design automation outfit.

"Nvidia's work with Synopsys, while almost invisible to you, the consumer, has much more potential to actually make a lot of money," he said. "Wall Street, you see, loves business to business."

Nvidia said Monday that it had taken a $2 billion stake in Synopsys , expanding the two companies' longstanding partnership. The deal is about "revolutionizing one of the most compute intensive industries in the world: design and engineering," Nvidia CEO Jensen Huang told CNBC's "Squawk on the Street."

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