Jim Cramer Talked About 5 Stocks Like NVIDIA and FedEx, Along With the AI Infrastructure Spending

2. Alphabet Inc. (NASDAQ:GOOGL)

Alphabet Inc. (NASDAQ:GOOGL) was among the stocks Jim Cramer talked about as he discussed the recent rally in several AI-related stocks. Cramer mentioned the company raising money and its competition with others, as he remarked:

I saw that Amazon and Alphabet were pointedly absent among the winners. That’s right. Although Jensen did mention that Alphabet uses some of their most advanced products. Alphabet, by the way, announced, after the close, it’s going to raise an astounding $80 billion in equity with Berkshire Hathaway agreeing to buy $10 billion of that in a private placement deal. Amazon stock’s down, along with that, by the way. Jensen’s not mentioning much about Amazon and Alphabet is important because they have their own lines of chips, which Jensen continues to challenge, but neither feels the need to defend itself. That’s a debate I’ve thrust myself into, saying that you need to be in all three companies because the opportunity’s so great. That’s right. I’m not saying either/or; I like them all.

Alphabet Inc. (NASDAQ:GOOGL) provides technology-related products and services, including search, advertising, cloud computing, AI tools, and digital content platforms such as YouTube and Google Play.