SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs
SPY 683.310.0%4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Johnny Canuck who wrote (66067)9/24/2025 9:10:20 PM
From: Johnny Canuck  Read Replies (1) of 67867
 
Mad Money
Jim Cramer thinks Micron is heading higher. Here’s why
Published Wed, Sep 24 20256:30 PM EDT


Julie Coleman @itsjuliecoleman

WATCH LIVE

Key Points

  • Jim Cramer praised Micron’s recent quarter and told investors why he thinks the semiconductor maker’s stock can go higher.
  • Cramer pointed to Micron’s 46% year-over-year revenue increase, the company’s guidance, CEO Sanjay Mehrotra’s comments, and more.
  • “Coming into Micron’s earnings, I was wondering if the company could report anything that could justify the stock’s incredible run, and you know what? That’s exactly what they did,” he said.


In this article





watch now

VIDEO02:13
Micron is finally getting credit for the business it will see from the AI data center boom, says Jim Cramer

CNBC’s Jim Cramer on Wednesday praised Micron’s recent quarter and told investors why he thinks the semiconductor maker’s stock can go higher.

“Coming into Micron’s earnings, I was wondering if the company could report anything that could justify the stock’s incredible run, and you know what? That’s exactly what they did,” he said. “After this titanic quarter, I think Micron can keep running.”

Micron is a key developer of memory and storage products. It has profited amid the artificial intelligence boom as new technology needs more and more high-tech bandwidth memory, which the company sells. Micron comfortably topped earnings and revenue estimates when it reported Tuesday. While shares initially rose in extended trading, the stock dipped during Wednesday’s session to close down 2.82%.

Cramer pointed to a few figures from Micron’s quarter that he found impressive, namely its 46% year-over-year revenue increase. He also highlighted the company’s guidance, saying it substantially raised the outlook for the current quarter.

Cramer was also encouraged by management’s optimistic commentary about its high-bandwidth memory products for the data center, especially CEO Sanjay Mehrotra’s assertion that “AI-driven demand is accelerating.” Micron’s data center products are a major driver for the strong earnings results, Cramer noted. He also suggested the company seems to be successfully using AI to boost its own internal productivity. Cramer added that Micron isn’t “just riding the data center wave like everybody else” but “actively innovating and getting products that are ideally suited for the data center to market faster than the competition.”

Micron’s business doesn’t just revolve around the data center, Cramer continued, saying other end markets look solid. The company upped it expectations for PC unit shipments, he continued, and it also noted that new AI-enabled smartphones require more memory chips.

The company’s shares have nearly doubled in 2025 so far. Expectations for Micron were extremely high going into the quarter because of its huge rally, Cramer said, so it was difficult for the stock to see gains despite the strong results.

“I just hope we get more pullbacks like this so that you can buy it on weakness,” he said.

Micron did not immediately respond to request for comment.

Jim Cramer’s Guide to Investing
Click here to download Jim Cramer’s Guide to Investingat no cost to help you build long-term wealth and invest smarter.

Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market.

Disclaimer

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!
Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram

Questions, comments, suggestions for the “Mad Money” website? madcap@cnbc.com

In this article



Trending Now

  1. Former FBI Director Comey expected to be indicted soon in Virginia federal court: MSNBC

  2. Nexstar evaluating status of ‘Jimmy Kimmel Live’ for ABC stations after late night show’s return

  3. ‘Jimmy Kimmel Live!’ return draws 6.26 million viewers, ABC parent Disney says

  4. Chicago Bears valued at nearly $9 billion in minority stake sale that sets an NFL record: Sources

  5. Trump claims ‘sabotage’ at U.N. from escalator, teleprompter and mic




  • News TipsGot a confidential news tip? We want to hear from you.

    Get In Touch
  • CNBC NewslettersSign up for free newsletters and get more CNBC delivered to your inbox

    Sign Up NowGet this delivered to your inbox, and more info about our products and services.

  • Advertise With Us Please Contact Us
© 2025 CNBC LLC. All Rights Reserved. A Division of NBCUniversal

Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

Market Data Terms of Use and DisclaimersData also provided by

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News