Jim Cramer Shares His Dicussion With Micron Technology, Inc. (MU)’s CEO For The Stock

We recently published 10 Stocks Jim Cramer Discussed As He Remained Optimistic About American Ingenuity. Micron Technology, Inc. (NASDAQ:MU) is one of the stocks Jim Cramer recently discussed.

Micron Technology, Inc. (NASDAQ:MU) was the special feature of Cramer’s appearance, as he was able to allocate time to it despite being busy covering Corning and Apple at the firm’s facility in Harrodsburg, Kentucky. Here is what he said about the memory chip manufacturer:

“David, one of the things that I think is amazing, is when you think of semiconductor stocks, and what is powering higher, you think of NVIDIA. Well wait a second, well maybe you should be thinking about Micron. Cause Micron stock was at 64, in April, David, it’s crashing into the 160 level. Why is this? High bandwith memory. Now Sanjay Mehrotra, the CEO, who is the least promotional of the CEOs that I deal with, would tell you, wait a second. That’s only part of our business for largely DRAM. But this is all about data center, every time we discover new stock that is the data center, that’s big, we didn’t know. By the way, Corning is huge in the data center. And I haven’t heard a soul who talks about it, but we will talk about it tonight.

“Micron has at times, there have been periods where it was number one in the S&P and the literally the next year, number 500 in the S&P. Anybody who remembers the great 93 crash, Micron says, you know what we got. . .it has these moves, that are just extraordinary, and they don’t stop here. I always kid Sanjay, I say Sanjay, once this thing goes, it goes much further than you think. He has always tried to restrain me, but he can’t this time David,  he can’t stop me.”

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.