Jim Cramer has a reputation for caution when a stock has already run hard. This time, he is telling investors to ignore that instinct entirely, arguing that the usual rules of chip investing may no longer apply.
On a recent Mad Money segment, Cramer argued that some of the market's biggest winners this year still have room to climb, even after gains that would normally make him nervous about chasing a rally this late.
Cramer named four memory and storage chip makers he calls "indispensable" right now: Micron, SanDisk, Seagate, and Western Digital. "While I acknowledge that I am not early, I do not think I am late," he told viewers, according to CNBC. The numbers behind that call are striking. August 18, SanDisk has surged 653% in 2026, Seagate has climbed 261%, Micron has gained 254%, and Western Digital has risen 211%. Figures that would normally make a value-conscious investor wary of chasing further upside.
Cramer tied the rally directly to comments from Elon Musk. "Musk is right: Memory has become the bottleneck," Cramer said, referencing Musk's remarks on ***** eX's second-quarter earnings call about memory supply constraining AI data center buildouts, Yahoo Finance reported.
More Micron:
#seagate #chip #normally
On a recent Mad Money segment, Cramer argued that some of the market's biggest winners this year still have room to climb, even after gains that would normally make him nervous about chasing a rally this late.
Cramer named four memory and storage chip makers he calls "indispensable" right now: Micron, SanDisk, Seagate, and Western Digital. "While I acknowledge that I am not early, I do not think I am late," he told viewers, according to CNBC. The numbers behind that call are striking. August 18, SanDisk has surged 653% in 2026, Seagate has climbed 261%, Micron has gained 254%, and Western Digital has risen 211%. Figures that would normally make a value-conscious investor wary of chasing further upside.
Cramer tied the rally directly to comments from Elon Musk. "Musk is right: Memory has become the bottleneck," Cramer said, referencing Musk's remarks on ***** eX's second-quarter earnings call about memory supply constraining AI data center buildouts, Yahoo Finance reported.
More Micron:
#seagate #chip #normally
2 months ago
