Jim Cramer Discusses Micron (MU) After Intel’s Earnings

We recently published Jim Cramer’s 12 Fresh Stocks & Quantum Computing Trading Strategy. Micron Technology, Inc. (NASDAQ:MU) is one of the stocks Jim Cramer recently discussed.

Courtesy of its role in the global memory semiconductor supply chain, Cramer regularly discussed Micron Technology, Inc. (NASDAQ:MU) in his morning show. He believes that the firm’s CEO, Sanjay Mehrotra, is “non promotional.” The CNBC TV host also remarked in a recent Mad Money episode that Micron Technology, Inc. (NASDAQ:MU) had a “parabolic” move. As a result, he cautioned viewers against buying the shares before they came down. In this appearance, he discussed the firm after Intel’s third-quarter earnings saw CFO David Zinsner discuss a CPU shortage:

“David Zinsner, who’s a fantastic CFO, remember I mean Micron, he’s just a genius. He says listen, supply constraints, supply constraints, supply constraints. Others. . .Micron, will go up again. . . .They all play a role and then I think that even though NVIDIA was mentioned by Lip-Bu, was having one big product with them, NVIDIA gets taken up too. Tour-de-force conference call, people should all listen to. . .But these others, Sandisk, I mean these companies, no one’s talked about Western Digital since I owned 4% of it in 1998.”

Jim Cramer Discusses Micron (MU) After Intel's Earnings

Joao Virissimo/Shutterstock.com

While we acknowledge the risk and potential of MU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MU and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.