Jim Cramer says the AI trade has shifted — and these stocks are leading now

• CNBC’s Jim Cramer said Wall Street is rewarding the companies supplying the artificial intelligence boom rather than the technology giants funding it.
• While Cramer continues to own several Magnificent Seven stocks, he believes AI suppliers such as Micron, Intel, Marvell, AMD and Sandisk are currently in the strongest position to benefit from the industry’s massive spending cycle.

CNBC’s Jim Cramer on Tuesday offered up a straightforward framework for Wall Street’s current approach to the artificial intelligence trade.

“Wall Street’s now rewarding tech companies with products in high demand and punishing their customers,” the “Mad Money” host said.

Source: https://www.cnbc.com/2026/06/30/jim-cramer-ai-trade-shifted-stocks-leading-now.html