Jim Cramer on What Goldman Sachs' Bitcoin Activity Means for Nvidia

Goldman Sachs is getting involved in Bitcoin and Jim Cramer says watch Nvidia.
Author:
Publish date:

Goldman Sachs (GS) - Get Report is reportedly trading Bitcoin and Jim Cramer says he is watching Nvidia (NVDA) - Get Report .

Cramer worked at Goldman Sachs early in his career and said "If Goldman wants to make a market of it, that's fine."

He went on to mention that JPMorgan (JPM) - Get Report called Bitcoin a fraud. 

Cramer said he sees semiconductor stocks as good buys.

When it comes to Nvidia's future he also pointed to artificial intelligence and what Applied Materials (AMAT) - Get Report is doing.

Don't miss these top stories on TheStreet: