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KLA Corporation (KLAC) Is One Of The Most Important Companies In America, Says Jim Cramer

We recently published 11 Stocks Jim Cramer Just Discussed As He Shared Why Stocks Are Rising. KLA Corporation (NASDAQ:KLAC) is one of the stocks Jim Cramer recently discussed.

KLA Corporation (NASDAQ:KLAC) is a semiconductor manufacturing equipment provider whose machines are used throughout the manufacturing process. Some regions where its products are used include measuring chip defects and ensuring that the wafers and the machines are aligned properly. KLA Corporation (NASDAQ:KLAC)’s shares have gained 44% year-to-date due to a 31% jump since early May. The stock has performed well due to robust earnings and positive analyst sentiment. Cramer’s previous comments about KLA Corporation (NASDAQ:KLAC) have called the firm the “brains” behind the semiconductor industry. Here are his recent thoughts:

“AMAT is about to have a renaissance. Because our companies are really, KLA, most importantly, Tim Archer at Lam, this is where the big intellectual property for our companies. And we don’t talk about it enough, is making chips. Those are the companies that preside over the greatness of the cycle. I wonder if Jensen might even agree with me on that.”

The inner workings of a semiconductor manufacturing facility, neon hued machines humming with activity.

In his previous comments, Cramer discussed KLA Corporation (NASDAQ:KLAC)’s advantages in the global industrial equipment manufacturing industry:

“People think we don’t make anything in this country, but KLA proves them wrong. They make the most sophisticated equipment in the world and export 88% of their products. This is where the real intellectual property resides—this is what we do best in America.”

While we acknowledge the risk and potential of KLAC 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 KLAC 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.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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