Jim Cramer says Nvidia and Salesforce earnings upended two bear narratives
- ID
- 18841
- Status
- summarized
- Published
- 28 Aug 2026, 6:20 AM
- Fetched
- 28 Aug 2026, 7:12 AM
- Provider
- CNBC Technology
- Category
- technology
- Original URL
- https://www.cnbc.com/2026/08/27/cramer-nvidia-salesforce-earnings-upended-two-bear-narratives.html
- Source URL
- https://www.cnbc.com/id/19854910/device/rss/rss.html
Summary
- Score
- 3.5
- Created
- 28 Aug 2026, 7:12 AM
- Tags
- Audience
- saas_foundersai_ml_learners
What happened
CNBC's Jim Cramer said Nvidia and Salesforce quarterly earnings beat expectations, with Salesforce surging 22% and Nvidia 8%. He argued the results refuted two bear narratives: that AI will make traditional SaaS software obsolete (Salesforce) and that AI chip demand is slowing (Nvidia).
Why it matters
For SaaS founders, Salesforce's 22% jump on strong earnings is a concrete signal that AI displacement of traditional software subscriptions is not yet materializing in enterprise budgets. For builders shipping AI features, Nvidia's continued demand suggests GPU compute costs and availability remain a live constraint rather than a cooling one.
Discussion angle
Does Salesforce's earnings beat actually prove AI won't disrupt SaaS pricing, or just that enterprise sales cycles are too slow for the threat to show up yet?