tech
Jim Cramer says the AI data center trade is back. These 6 stocks are leading the comeback
CNBC’s Jim Cramer said the AI data center trade is regaining market leadership after weeks of forced selling weighed on the group.
TL;DR
- The AI data center trade is reclaiming its place at the center of the market.
- A rally in AI infrastructure stocks was kickstarted by the forced unwind of the Situational Awareness fund.
- Positive developments from Intel, Super Micro Computer, Lumentum, Nebius, and CoreWeave signal a turnaround.
- Nvidia's financing push and the enduring value of older GPUs address key concerns.
- A benign consumer price index report eased interest-rate pressure on growth stocks.
- Six key stocks (Supermicro, Nvidia, Intel, Nebius, Lumentum, and CoreWeave) are leading the comeback.