Jim Cramer Says Investors Are Overlooking Elon Musk’s $40 Billion ‘Pot of Gold’ For Nvidia — Intel Terafab Exit Rumors ‘Squashed,’ Dismisses ‘Weakness’ In Korea’s Kospi
10/7/2026
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Technology
Jim Cramer highlighted a $40 billion investment from Elon Musk to Nvidia Corp. (NASDAQ: NVDA), suggesting that market concerns over the weakness in South Korea's Kospi index are overshadowing this significant capital allocation. Cramer also dismissed rumors of Musk ending his Terafab partnership with Intel Corp. (NASDAQ: INTC), confirming that Intel will continue its involvement in the project. Despite a recent dip in Intel's stock, which fell about 0.91% to $111.48, the shares have increased approximately 202% over the past year.
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