Nvidia Chip Scarcity Fuels Stock Gains

Nvidia's stock is experiencing significant gains due to the scarcity of its chips. According to Jim Cramer, host of Mad Money at CNBC, Nvidia's chips are retaining their value and remain scarce.

This observation by Cramer comes after he previously considered whether Nvidia could rally after the end of its Hynix deal, which he said removed a potential obstacle for the semiconductor firm's performance in the market.

Cramer has also questioned the market's capacity to fund major semiconductor deals, citing issues seen with Rivian transactions during discussions of the SK Hynix deal.