Nucor (NUE) Is The Only One That Can Provide Steel At Scale For Data Centers, Says Jim Cramer

We recently published Jim Cramer Talked About These 14 Stocks & Discussed AI And Layoffs. Nucor Corporation (NYSE:NUE) is one of the stocks Jim Cramer recently discussed.

Nucor Corporation (NYSE:NUE) is one of the largest steel companies in America. Cramer has frequently discussed the firm in 2025, and most of his comments have surrounded Chinese steel flooding the US market to drive down prices. However, this time he commented that Nucor Corporation (NYSE:NUE) had positioned itself to benefit from the boom in AI data center construction by leveraging its scale to provide steel:

Nucor (NUE) Is The Only One That Can Provide Steel At Scale For Data Centers, Says Jim Cramer

“I had Nucor on last night. Do you know that Nucor is the only company that can add scale, provide steel for the data centers? I mean I think a lot of people are saying, this whole thing is a colossal bubble. But then you talk to Leon Topalian. Leon Topalian is a steel person. And they can’t meet, well he said they can meet the demand, but oh my god, the next quarter they said they threw a little cold water on the quarter. But I just think that when you have these companies, and you don’t think of that, whether it be Caterpillar, whether it be Nucor, whether it be Cummins, whether it be Bloom Energy. The orders are there. I don’t know what to say. The orders are there.”

While we acknowledge the risk and potential of NUE 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 NUE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.