Market commentator Jim Cramer continues to express an optimistic outlook for semiconductor manufacturer Nvidia. His ongoing support is driven by reports that Elon Musk's aerospace enterprise, SpaceX, intends to acquire additional graphics processing units from the chipmaker.

According to Cramer, the planned hardware acquisition serves as an indicator that enterprises are successfully generating returns on their artificial intelligence computing expenditures.

Additional information regarding the transactions is expected to emerge as the story develops.