Jim Cramer Thinks Nvidia Remains A 'Frighteningly Positive Story'

Shares of NVIDIA Corporation NVDA were trading lower Friday as investors weren't blown away by the company's fourth quarter report.

According to some analysts, Nvidia may have seen its peak, but Jim Cramer's bullish stance remains in full force.

"I don't know the people at Nvidia," Cramer said Friday. "But Nvidia is the answer. It is a frighteningly positive story."

Cramer highlighted some of the more notable aspects of Nvidia's report, including a 66 percent gain in the data center business which is powering operations at companies like Tesla Inc TSLA, Amazon.com, Inc. AMZN and Facebook Inc FB.

Cramer said Nvidia is the company that will power artificial intelligence, self-driving and other futuristic technologies that appear to be a possibility in the near term.

"This is replacement of us," Cramer added. "We don't need us with Nvidia. We just don't. If you want to solve cancer... it's Nvidia - that sounds ridiculous!"

Cramer suggested investors should look at Nvidia as a "market cap situation" and not an "earnings situation." He believes Nvidia should be worth $100 billion versus its current market cap of around $65 billion which "is not enough" since "everything runs on this thing."