Jim Cramer: 4 Memory Stocks Still Worth Buying Amid AI Boom
CNBC's Jim Cramer argues AI demand has reshaped the memory chip sector, making four top stocks still attractive despite recent surges.
CNBC's Jim Cramer issued a bullish call on the memory chip sector Wednesday, telling investors it is not too late to buy into four high-flying stocks that have surged on the back of artificial intelligence demand. Cramer argued that the AI revolution has fundamentally altered a sector long defined by boom-and-bust cycles, giving bulls fresh reason to stay in the trade.
At the heart of Cramer's thesis is a structural shift: AI workloads require enormous volumes of high-bandwidth memory, a dynamic that has supercharged demand in ways the industry has rarely seen before. Unlike previous upcycles driven purely by consumer electronics or PC refresh waves, this rally carries the weight of enterprise and hyperscaler spending behind it.
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Equally important, Cramer pointed to greater supply discipline among memory manufacturers as a second pillar supporting the sector's improved profit outlook. Historically, chipmakers flooded the market during good times, crashing prices and margins — a pattern Cramer suggested is less likely to repeat given current producer restraint.
The convergence of sustained AI-driven demand and tighter supply management, in Cramer's view, creates a more durable earnings backdrop for memory companies than investors have seen in decades. That combination, he argued, justifies owning the group even after meaningful price appreciation.
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