Cramer's Confident Picks: What Intel and Micron's Success Means for Tech Investors Jim Cramer's recent endorsement of Intel Corporation (NASDAQ:INTC) and Micron Technology, Inc.
(NASDAQ:MU) has sent shockwaves through the tech investment community. His unbridled enthusiasm for these two companies raises questions about the current state of the industry and the factors driving their success.
Intel's second quarter revenue skyrocketed 25% year over year, with Data Center and AI revenue increasing a staggering 59%. Micron saw its fiscal third quarter GAAP operating margin soar to 80.