4 Memory Stocks Cramer Says Could Avoid an AI Bust and Keep Climbing

NewsTue, 18 Aug 2026 03:22:49 UTC3 hours ago
4 Memory Stocks Cramer Says Could Avoid an AI Bust and Keep Climbing

Jim Cramer says four memory chip stocks still have room to climb, even after posting some of 2026's biggest gains. The Mad Money host argues Micron, SanDisk, Seagate, and Western Digital have broken their old boom-and-bust pattern.

AI data centers have created a persistent memory chip shortage. Elon Musk has called memory the key bottleneck to data center growth, and Cramer says that shortage, not hype, separates this rally from prior cycles.

Micron (MU)

Cramer's Charitable Trust bought Micron last week during a pullback tied to South Korean peers' selloff. He calls the stock more of a growth name than its rivals.

Micron has gained 242% this year, and gross margin jumped from 39% to 85% year over year. Shares trade near seven times fiscal 2027 earnings estimates.

Micron is pushing upwards again after its July rout. Image Source: Trading View

Cramer said Micron could double again if data center demand holds, and he plans to visit the company's Idaho research facility this week to interview CEO Sanjay Mehrotra.

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