We recently published Jim Cramer Just Couldn’t Stop Talking About These 13 Stocks. Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer recently discussed.
Amazon.com, Inc. (NASDAQ:AMZN)’s been on Jim Cramer’s radar recently because of its cloud computing division. The firm’s shares fell by 8% earlier this month after its earnings report revealed disappointing growth figures for the AWS cloud computing division. Cramer’s immediate reaction was to criticize Amazon.com, Inc. (NASDAQ:AMZN) for using its in-house Trainium chips, as he believed the firm’s cloud customers were interested in NVIDIA’s GPUs instead. However, has since changed his mind and believes Amazon.com, Inc. (NASDAQ:AMZN) CEO’s Andy Jassy’s approach of balancing costs with computing is the correct one. In these remarks, Cramer commented on Trainium once again:
“. . .let’s say the Trainium, which by the way, just so you know I think the Trainium story at Amazon’s great, but, they very specifically at NVIDIA, tell you that if you want to have a chip that does everything, come on you got to, you have to get the Blackwell.”
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Here’s what Cramer previously said about Amazon.com, Inc. (NASDAQ:AMZN) and Trainium:
“Take a look at the Morgan Stanley piece today. The most significant piece of research I’ve read in a long time. By Brian Nowak. Who was the skeptic, on the conference call. That perhaps, there’s, this is, Andy Jassy, of Amazon, perhaps he’s underspending. Okay. Now Andy then just gave a very long soliloquy, there was a very thoughtful, but we we weren’t looking for thoughtful. We were looking for come out and [inaudible].
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