Jim Cramer: AI stock sell-off is not over yet, but it's not a repeat of the 2000 dot-com bubble
CNBC host Jim Cramer said that the sharp sell-off in artificial intelligence stocks may continue, but he urged investors not to panic. During Thursday's intraday trading in U.S. markets, Micron plummeted 17%, GE Vernova dropped 7%, and SanDisk slumped 22%. Cramer pointed out that the current correction in the AI sector is an orderly pullback, with the vast majority of companies boasting substantial earnings—fundamentally different from the speculative enterprises lacking fundamentals during the 2000 dot-com bust. He also warned that the core risk lies in potential regulatory delays for some small and mid-sized cloud providers undertaking projects via debt financing, advising investors to maintain adequate cash reserves.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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