Jim Cramer Highlights Micron's Unstoppable Growth Amid AI Data Center Boom

Jim Cramer praises Micron Technology for its exceptional performance driven by the AI data center boom, highlighting a 46% year-over-year revenue increase and impressive earnings per share that surpassed expectations. He emphasizes that Micron has transitioned from a commodity chipmaker to a critical player in AI infrastructure, particularly due to its high-bandwidth memory products essential for servers in AI data centers. Cramer also notes growth in other sectors such as smartphones, PCs, automotive, and industrial segments, which further bolster Micron's prospects. Despite a recent stock pullback following a sharp rally, Cramer encourages buying on dips, believing the company's stock has significant upside potential. The market is beginning to recognize the importance of Micron's role in the AI infrastructure build, with all indicators signaling upward momentum. Meanwhile, the surge in AI-related energy demand highlights a broader infrastructure challenge, with companies owning critical energy assets poised to benefit from the increasing electricity needs of AI technologies.