Jim Cramer, the host of Mad Money, on Friday commented on the ongoing chip shortages and also discussed Micron’s decision to break ground on a domestic chip manufacturing facility.

We’re in critical short supply for all sorts of chips that are needed in the data center… It wasn’t easy to forecast this boom, I admit, as recently as one year ago. There was a glut in the same kinds of chips that now we have a shortage in… So what’s going to happen? First, prices for these simple chips and flash memory… are still skyrocketing, causing lots of dislocation in the data center, and most importantly, in devices like this one, okay, including PCs… Prices will just keep going higher.

READ ALSO: 14 Stocks on Jim Cramer’s Game Plan for This Week and Jim Cramer Put These 17 Stocks Under a Microscope.

Cramer also pointed out that Micron, along with Western Digital, Seagate, and Sandisk, has seen stock prices move higher recently. He raised the question of whether these gains can continue and answered it by saying he believes they can. He explained that a major reason is the lack of available equipment needed to expand chip production, as he noted that the industry cannot assemble and install new manufacturing capacity quickly enough to meet demand.

There’s a triad of semiconductor capital equipment makers that… every money manager knows. I’m talking about Applied Materials, AMAT, KLA, and Lam Research. While they’re not interchangeable, they are similar. And that hundred billion dollar Micron facility will be chock-full of the hardware that these companies make. But they too misjudged the data center demand, or else they would’ve built a lot more machinery. Their stocks are incredibly strong.

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For this article, we compiled a list of 25 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on January 16. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the third quarter of 2025, sourced from Insider Monkey’s database of 978 hedge funds.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).

Jim Cramer Recently Looked at These 25 Stocks

25. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 234

NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently looked at. Cramer said that only NVIDIA saw the burgeoning demand for chips, as he commented:

… NVIDIA… had much more foresight than Micron or anybody else in the industry, so its products are more plentiful… Again, only NVIDIA really saw it coming. They teamed up with the best of the best, Taiwan Semiconductor, to make all the high-end chips that are needed. There’s no bottleneck there. There’s no shortage, at least not in comparison to memory. You want the latest and greatest from NVIDIA? Well, you’ll get it because Jensen Huang saw everything coming, the opposite of these companies. It’s one of the reasons I think he’s the greatest technologist of our era.

NVIDIA Corporation (NASDAQ:NVDA) develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technologies. Cramer mentioned the company during the January 14 episode and said:

What about the amazing secular growth stocks that I talk about, the ones that are supposed to do well regardless of the economy? What do you do with those? Well, those you shouldn’t trade. A tremendous grower requires a tough as nails attitude where the trick is to sit on your hands and do nothing when they go higher… You know that I always say own NVIDIA, don’t trade it. Now, sometimes, like right now, it’s difficult because the stock appears stuck in a rut. Other times, it’s bountiful. But NVIDIA’s a stock that’s not meant to be schnitzeled. It’s meant to be owned, not traded.

Long term, I don’t love most cyclical stocks. We own what I think are the best of them for the Charitable Trust, but I accept that they should be traded around because they’re hostage to the broader economy. But when you find some amazing secular growth stories, stocks that go higher without a strong economy, you want to be the holder, not the trader. You want to make the dollars, leave the pennies to the traders. With the best, it never changes. And if you don’t obey my rule, you’ll never see the greatness of what a hero stock can do for you, and of course, your bank account.

24. Micron Technology, Inc. (NASDAQ:MU)

Number of Hedge Fund Holders: 105

Micron Technology, Inc. (NASDAQ:MU) is one of the stocks Jim Cramer recently looked at. Cramer highlighted the CHIPS Act’s significance for the company, as he said:

It’s almost like nobody saw it coming. I’m talking about the severe shortages of all sorts of lower-end semiconductors that go into a data center, especially memory chips. Today, Sanjay Mehrotra, the CEO of Micron, broke ground on a hundred billion dollar facility to make more chips… It’s all part of the CHIPS Act, that big subsidy for semiconductor manufacturing that was pushed through by the Biden administration.

The CHIPS Act money serves as a down payment for Micron’s giant foundry. And boy, is it ever needed… Sanjay tamped down the possibility of a boom, something I’ve been saying could happen. He chilled my enthusiasm. Now, look, he’s been bullish, but last year, he was way too cautious. And you know what? His caution contributed to the memory shortage…

Celebrate that Micron is building a big foundry here. It has a long tradition of doing so. Sanjay’s always preferred building in America, and that’s one of the reasons why I salute him. Without the CHIPS Act bonanza, though, it probably wouldn’t have happened. Again, I can’t blame any of these managements for not seeing that sales could explode, but I do think… if they had just listened to Jensen, we’d all be better off.

Micron Technology, Inc. (NASDAQ:MU) develops memory and storage solutions, including DRAM, NAND, and SSD products, under the Micron and Crucial brands.