Jim Cramer Discusses These 10 Stocks & Comments On Short Sellers

7. Micron Technology, Inc. (NASDAQ:MU)

Number of Hedge Fund Holders In Q4 2024: 94

Micron Technology, Inc. (NASDAQ:MU) is one of the largest American semiconductor companies. It is also the only American firm capable of manufacturing high-end memory chips. These chips are used along with GPUs in AI computing platforms. Micron Technology, Inc. (NASDAQ:MU)’s shares are flat year-to-date after they shed their January gains during the DeepSeek selloff and in March. Investors are concerned that the firm might not receive funds under the CHIPS Act. Here is what Cramer said:

“[Micron’s words of Trump taking aim at manufacturing subsidies] Not a lot of subsidies coming. They built an unbelievable machine out there. And they were doing it before there was any. . .

“To attack Sanjay Mehrotra who has built this company to another level is kind of just inane. That’s how great Sanjay is. Look, they were giving them the money, what’s he supposed to say, look I don’t want that put it in the community chest? Do not pay us go, do not pay us Micron?”