CNBC’s Jim Cramer advises investors to overlook traditional caution as memory stocks surge on AI-driven demand constraints.
Jim Cramer has advised investors to disregard typical valuation concerns and buy four memory chip stocks, citing unprecedented demand tied to AI infrastructure. Micron (MU), SanDisk, Seagate (STX), and Western Digital (WDC) have rallied 211% to 653% in 2026, far exceeding historical norms for late-cycle gains.
Cramer’s call contrasts with his usual caution after sharp rallies, supported by Elon Musk’s remarks on memory supply bottlenecks in AI data center buildouts. Micron, his top pick, was recently added to his Charitable Trust portfolio during a pullback.
The recommendation follows a broader sector rotation into semiconductor stocks, driven by expectations of sustained AI-driven demand. No immediate market reaction was reported following the segment.