Jim Cramer defends Nvidia amid concerns over $80B in debt and massive financing exposure

Nvidia just posted one of the most impressive earnings reports in corporate history, with fiscal Q2 2027 revenue hitting $96.2 billion, a 106% jump from the prior year. And yet the conversation on Wall Street isn’t about the blowout numbers. It’s about what’s lurking underneath them. Jim Cramer, the CNBC personality who runs the Investing Club portfolio, has stepped into the middle of a growing debate about Nvidia’s financial commitments, which analysts estimate could expose the chipmaker to somewhere between $80 billion and $200 billion in peak liabilities through 2028. His take: hold the stock, ignore the noise, focus on fundamentals. The debt picture is getting complicated Nvidia’s gross debt has ballooned in recent months. The company issued $25 billion in senior unsecured notes in June 2026, pushing total gross debt to $33.5 billion. That’s nearly four times the $8.5 billion it carried at the end of the prior fiscal year. But the headline debt figure is only part of the story. The more complex piece involves Nvidia’s customer financing structures and guarantees tied to major AI projects. Among the largest: commitments related to OpenAI, including a $105 billion residual-value ...