Cramer urges investors to be more selective in the AI frenzy

• CNBC’s Jim Cramer said investors should be more selective in the semiconductor rally.
• He said he remains bullish on the AI buildout, but recommends owning established winners like Nvidia and Cisco rather than chasing overheated stocks.

CNBC’s Jim Cramer said that investors need to become far more selective in the semiconductor rally.

Cerebras, a chipmaker focused on artificial intelligence workloads, completed the largest IPO of the year Thursday. The stock priced at $185 Wednesday night but opened around $350, briefly valuing the company at roughly $107 billion. It ended the day at $311 a share, good for a roughly $95 billion market cap.

Source: https://www.cnbc.com/2026/05/14/cramer-urges-investors-to-be-more-selective-in-the-ai-frenzy.html