Jim Cramer on FormFactor: “Very Expensive Stock, But I Think I’d Ride It Through”

FormFactor, Inc. (NASDAQ:FORM) is one of the stocks Jim Cramer answered questions about. When a caller mentioned that they have a position in the stock, Cramer commented, “Yeah, it’s good technology, it’s good semiconductor technology. Very expensive stock, but I think I’d ride it through.”

Photo by Artem Podrez on Pexels

FormFactor, Inc. (NASDAQ:FORM) manufactures and sells specialized equipment, such as probe cards and cryogenic systems, used to test and measure semiconductor devices. On March 11, the company announced the launch of the Flatiron Dilution Refrigerator, which is a benchtop platform designed to streamline millikelvin-scale electrical and optical measurements. It allows researchers to test quantum chips and materials at extremely low temperatures. The system is designed to save space and time compared to traditional, large-scale refrigerators. Vice President and General Manager, Emerging Growth Business Unit at FormFactor, Thomas Fries, said:

With Flatiron, we make sub-kelvin measurements easier to access, easier to integrate into existing labs, and ready for industry use. The result is a benchtop platform that supports the rapid iteration and throughput required for modern quantum technology development and provides this growing industry with valuable tools for building out the ecosystem.

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