--- title: "QUICK SPARK: Jim Cramer Says 'First National Bank of Nvidia' Is Spooking Wall Street" type: "News" locale: "en" url: "https://longbridge.com/en/news/293953861.md" description: "CNBC's Jim Cramer warns that Wall Street is increasingly concerned about Nvidia's growing role as a financier for AI infrastructure, rather than its chip sales. He compares this financing strategy to the dot-com era excesses, suggesting it is causing stock weakness. While funding customers could boost demand, it introduces financial risks that investors fear may negatively impact Nvidia's balance sheet." datetime: "2026-07-27T15:32:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293953861.md) - [en](https://longbridge.com/en/news/293953861.md) - [zh-HK](https://longbridge.com/zh-HK/news/293953861.md) --- # QUICK SPARK: Jim Cramer Says 'First National Bank of Nvidia' Is Spooking Wall Street **Nvidia Corp.**‘s (NASDAQ:NVDA) AI dominance isn’t what has **Jim Cramer** worried. It’s the company’s growing role as a financier. In a post on X on Monday, the CNBC host said “First National Bank of Nvidia is starting to really cause people to freak out,” referring to the chipmaker’s increasing use of financing to support AI infrastructure buildouts. Cramer expanded on the point in a follow-up post, arguing that Nvidia’s recent share price weakness has little to do with demand for its AI chips. “The volume in Nvidia supports the decline,” he wrote. “I would say if there were no financing involved Nvidia’s stock would be soaring.” Instead, Cramer believes investors are fixated on the potential risks of Nvidia extending financing to customers building AI infrastructure, drawing comparisons to financing-driven excesses seen during the dot-com boom. ## Dot-Com Deja Vu “All that matters to the market, though, is the financing and how it will impact Nvidia negatively because of memories of 2000,” he said. The comments come as Nvidia explores new ways to accelerate AI infrastructure deployment by helping customers fund increasingly expensive data center projects. While the strategy could strengthen demand for the company’s chips and expand its competitive moat, it also introduces financial risks that many investors have not traditionally associated with the semiconductor giant. Cramer’s remarks suggest Wall Street’s focus may be shifting beyond Nvidia’s industry-leading AI products toward the balance sheet implications of financing some of the AI boom itself. For investors, the question is no longer whether Nvidia can sell enough GPUs. It’s whether acting as a capital provider for the AI ecosystem becomes a competitive advantage—or a new source of risk. _Image: Shutterstock_ ### Related Stocks - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md) - [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md) - [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md) - [NVD.US](https://longbridge.com/en/quote/NVD.US.md) - [NVDB.US](https://longbridge.com/en/quote/NVDB.US.md) - [NVDG.US](https://longbridge.com/en/quote/NVDG.US.md) - [NVDO.US](https://longbridge.com/en/quote/NVDO.US.md) - [NVDW.US](https://longbridge.com/en/quote/NVDW.US.md) - [NVYY.US](https://longbridge.com/en/quote/NVYY.US.md) - [NYYY.US](https://longbridge.com/en/quote/NYYY.US.md) - [DIPS.US](https://longbridge.com/en/quote/DIPS.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md) - [07388.HK](https://longbridge.com/en/quote/07388.HK.md) - [07788.HK](https://longbridge.com/en/quote/07788.HK.md) - [09388.HK](https://longbridge.com/en/quote/09388.HK.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [DeepSeek’s $71 Billion Boom Collides With an Awkward Nvidia Question](https://longbridge.com/en/news/293972328.md) - [Steve Eisman Says He'd Be 'Petrified' Running OpenAI or Anthropic as Cheap Chinese Models Threaten Price War](https://longbridge.com/en/news/294255896.md) - [Morningstar says Nvidia's recent market woes put it in an unfamiliar spot: an 'undervalued' high-upside stock play](https://longbridge.com/en/news/294489904.md) - [Mark Cuban and Michal Burry warn the AI boom is dangerously reliant on Nvidia](https://longbridge.com/en/news/294232031.md) - [Nvidia's Potential $250 Billion OpenAI Financing Deal Is Reviving a 1990s Tech Bubble Habit, Analyst Warns: 'Usually Don't End Well'](https://longbridge.com/en/news/294077412.md)