Business

AI Investment Boosts Chip Stocks

Updated 2026-10-07 20:40 UTC 2 sources Neutral

Jim Cramer remains bullish on Nvidia's stock after SpaceX’s plans to buy more GPUs demonstrated the profitability of AI compute investments. Options traders are also betting on a significant drop in interest rates, indicating market expectations for lower bond yields and utility sector performance.

Coverage timeline — 2 articles

CNBC

SpaceX’s plans to buy more Nvidia GPUs is keeping Jim Cramer bullish on the chip stock

SpaceX shows that companies are making a return on their AI compute investments, according to Jim Cramer.

2026-10-07 20:24 UTC

MarketWatch

Options traders are betting on a dramatic drop in interest rates

Recent options activity points to bullish positioning for long-term bonds and utilities.

2026-10-07 20:36 UTC