Jim Cramer Says AMD Under $150 Would Be 'Terrific' But 'It Doesn't Have What Nvidia Has'

Cramer’s comments come at a time when AMD has been making significant strides in the tech industry. Despite this, the company is still seen as playing catch-up to Nvidia in certain areas.

Earlier in May, it was reported that $NVIDIA (NVDA.US)$ ’s dominance in the AI sector had left both $Intel (INTC.US)$ and $Advanced Micro Devices (AMD.US)$ vying for the second spot. This indicates the uphill battle AMD faces in competing with Nvidia in the AI space.

However, AMD has been making significant progress in other areas. The company recently secured 33% of the server CPU market and is gearing up for a major processor launch. Additionally, AMD’s expanded partnership with Samsung $Samsung Electronics Co., Ltd. (SSNLF.US)$ and the introduction of new 3nm chips are expected to further boost its market share.

Despite these positive developments, Cramer’s comments suggest that AMD still has ground to cover in order to match up to Nvidia’s overall market position.