Jim Cramer Reveals A Firm That’s Better Than Micron Technology Inc. (MU)

July 12, 2026 - 01:19

Jim Cramer recently shared his thoughts on the AI chip selloff, insisting that the recent drop in prices was not a bottom. He also discussed 17 stocks during his latest segment, including Micron Technology Inc. (NASDAQ:MU). While Micron has seen impressive gains, with shares up 676% over the past year and 200% year-to-date, Cramer pointed to another firm he believes is an even better bet.

During the discussion, Cantor Fitzgerald weighed in on Micron's performance. The firm noted that while Micron has benefited from the AI boom, there is another company that offers stronger potential in the current market. Cramer did not name the firm directly in the initial report, but he emphasized that investors should look beyond the obvious names in the semiconductor space.

Cramer's comments come as the AI chip sector experiences volatility. He argued that the recent selloff was not a buying opportunity at the bottom, but rather a chance to reassess which companies have real staying power. He warned that not every chip stock will recover quickly, and that some are overvalued despite their recent gains.

For Micron, the numbers are impressive, but Cramer suggests that the real opportunity lies elsewhere. He urged viewers to dig deeper into the market and consider firms that are less dependent on the cyclical nature of memory chips. The takeaway is clear: while Micron has had a strong run, Cramer believes there is a better option for those looking to invest in the AI and chip space right now.