Jim Cramer says Micron's trillion-dollar milestone shows AI is reshaping market valuations
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@cnbc.com
5d ago· 5 min readenInsight
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Summary
CNBC's Jim Cramer comments on Micron Technology joining the trillion-dollar market cap club after its shares jumped 19%. He argues that AI has made the trillion-dollar club more inclusive and that we're entering a new era where reaching such valuations may become easier. The article also reviews other members of the trillion-dollar club.
Key quotes
· 2 pulledWe're on the verge of a new era, where I think the trillion-dollar club may be a heck of a lot easier to join than in the old days, when the club excluded the riffraff.
AI has changed the order of things. No, it's not being debased. It's just become more inclusive. As it should be.
CNBC's Jim Cramer said Micron reaching a $1 trillion valuation marks a new era in markets and ran through the stocks in the trillion-dollar club.
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