Jim Cramer news
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The gist
Jim Cramer says AI memory stocks can double again, naming Micron, SanDisk, Seagate, Western Digital.
He argues the AI boom has broken the sector's boom-and-bust cycle, making rallies sustainable.
Background
Jim Cramer, host of CNBC's Mad Money, has been promoting memory chip stocks as AI demand surges. He argues that the historical pattern of boom-and-bust in memory stocks is broken due to sustained AI data center demand and supply discipline. His comments come amid a broader market negativity, which he sees as creating buying opportunities.
How it unfolded
- Aug 17, 2026Cramer says it's not too late to buy soaring memory stocks, citing strong AI demand and long-term agreements.
- Aug 18, 2026Cramer reiterates AI memory boom has room to run, names Micron, SanDisk, Seagate, Western Digital; his Charitable Trust opens Micron stake.
- Aug 19, 2026Cramer's daily market watch includes notes on Lowe's, Home Depot, and TJX, reflecting broader market analysis.
- Aug 20, 2026Cramer highlights 'incredibly jarring gulf between stock prices and reality' amid consumer, oil, and rate worries; also calls memory stocks 'indispensable'.
Who’s saying what
- Bulls
- Cramer argues AI demand and supply discipline make memory stocks' rallies sustainable, with Micron potentially doubling again.
- Bears
- Analysts like Benchmark and KGI note fundamental headwinds for some stocks, such as Netflix's slowing engagement growth, suggesting caution.
Still unverified
Cramer's prediction that Micron can double again is his opinion, not guaranteed. The claim that the boom-and-bust cycle is broken is unverified and could be disputed.