Jim Cramer: AI Trading Logic Has Changed; Chipmakers Like Micron and Intel Benefit From a Massive Spending Cycle. On July 1, Jim Cramer said that the pricing logic for AI trading on Wall Street has shifted— the market now rewards technology suppliers rather than the companies that bear the costs of AI investment. Cramer noted that the “Magnificent Seven” stocks saw their market value shrink by $2.3 trillion in June, as investors questioned whether massive spending on AI data centers can generate enough profit and free cash flow. He said that memory chip makers Micron, SanDisk, Intel, Marvell Technology, and AMD were the biggest winners in the second quarter, with supply-and-demand imbalances driving earnings growth and analysts raising ratings. Cramer emphasized that Intel is the preferred stock, citing CEO Pat Gelsinger’s efforts to revive the chipmaker and benefit from growing demand for CPUs, advanced packaging, and U.S. semiconductor manufacturing. #Gate完成141只股票股息派发