cramer shifts market focus to goldman sachs amid amd's gpu strength
new york, Wednesday, 13 August 2025.
jim cramer suggests investors watch goldman sachs (gs) as a key market indicator, moving away from nvidia’s previous dominance. this comes as amd benefits from a gpu shortage, which could temporarily boost its stock. cramer highlights amd’s resilience due to gpu supply constraints, but emphasizes gs as the new ‘barometer’ for overall market trends. investors should now monitor gs for broader insights, recognizing amd’s specific advantages in the current gpu market.
Shifting market dynamics
Jim Cramer has identified Goldman Sachs as the new ‘barometer’ for the stock market, signaling a shift from Nvidia’s previous market leadership [2]. This recommendation suggests a change in how investors should gauge overall market sentiment [2]. While Nvidia has been a key indicator in the past, Cramer’s statement implies that Goldman Sachs now better reflects the broader economic factors influencing the market [2]. Investors should consider this shift when making decisions, potentially re-evaluating their reliance on Nvidia as the sole market indicator [2].
AMD’s gpu advantage amid supply constraints
Advanced Micro Devices (AMD) is currently benefiting from a GPU shortage, which may provide a temporary boost to its stock [1]. This situation arises from supply chain constraints affecting the availability of GPUs [1]. While this shortage could positively impact AMD’s short-term financial performance, Cramer suggests it might only be a temporary ‘pause’ in the stock’s overall trajectory [1]. Investors should recognize that this advantage is tied to external factors and may not represent long-term growth potential [1].
Tesla’s ai strategy adjustment
Tesla is undergoing a significant shift in its AI strategy, marked by the scaling down of its Dojo supercomputer project [7]. This move involves a transition from in-house hardware development to greater reliance on external partners such as Nvidia and AMD [7]. Morgan Stanley analysts suggest this is a strategic adjustment to improve capital efficiency, potentially reducing capital expenditure for AI-related projects [7]. Investors should note that this shift could impact Tesla’s approach to full self-driving (FSD) and Optimus robot development [7].
Densityai attracting key talent
The scaling down of Tesla’s Dojo project has led to a migration of key personnel to DensityAI, a startup focused on AI computing [7]. This company, led by former Tesla AI head Ganesh Venkataramanan, is attracting talent from Tesla’s AI division [7]. Approximately 20 former Dojo team members have joined DensityAI, including ex-Tesla investor relations head Martin Viecha [7]. DensityAI aims to develop computing infrastructure for training robots and AI agents, with potential funding in the hundreds of millions [7].
Broader implications for tesla’s ai roadmap
Analysts suggest that Tesla’s strategic pivot could lead to increased collaboration with xAI, another company under Elon Musk, for AI ‘brain’ development [7]. Tesla’s focus may be shifting towards its vehicle network as a ‘large-scale distributed inference cloud’ [7]. With the impending commercialization of the Optimus humanoid robot, Tesla is expected to allocate more resources to reducing the bill of materials (BOM) costs and enhancing manufacturability [7]. This adjustment reflects a move towards more practical, application-focused AI strategies [7].