Cramer Says Apple Investors Who Sold After Steve Jobs Missed Years Of Gains. The Stock Is Up Nearly 3,000% Since. Now He’s Asking If Nvidia Needs Jensen Huang

Key points

• Cramer drew a parallel between Nvidia and Apple after Steve Jobs’s death, highlighting how Apple shareholders who sold missed years of gains under Tim Cook. He emphasized the need to consider leadership depth beyond a single founder-figure for Nvidia.
• Apple’s adjusted price surged roughly 2,980.67% from October 5, 2011 to November 10, 2026, with Cook taking over before Jobs’s departure; by contrast, Nvidia faces a board review with no named successor for Huang.
• Nvidia stock dipped 4.27% on November 9, erasing about $190 billion in market value, though it had rebounded to around $176 on November 11, while Q2 revenue rose 105.8% year-over-year to $96.22 billion and Q3 guidance targeted about $108 billion.
• The board’s investigation into Huang’s alleged ties to a Chinese influence scenario and a related shareholder suit added to governance concerns, even as Nvidia’s earnings trajectory remained strong and margins outpaced Apple.
• Cramer urged naming an interim CEO, such as Ian Buck, to demonstrate organizational depth beyond Huang, though he acknowledged Huang’s continued role and board support as of the report.
• Analysts noted that Nvidia’s bull case depends on Huang’s ability to weather the probe, with some downgrades tied to the leadership dispute and heightened scrutiny of succession planning absent a formal plan.
• Nvidia’s next earnings report, expected after the close on November 17, will test whether the company can meet ~$108 billion in revenue guidance and address leadership questions directly, signaling whether the Apple-style succession lesson applies.