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0 -0.000107307651035421 -8.04807382765659E-05 0.000429230604142142 -5.36538255177106E-05 -0.000687842043137636 -0.000687842043137636 -0.000687842043137636
Stock impact report

Here's why Jim Cramer thinks chip stocks can go higher [CNBC]

NVIDIA Corporation (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Company Research Source: CNBC
Monday - Friday, 6:00 - 7:00 PM ET Key Points “Can these stocks keep going higher, though?” Cramer asked. “The answer is yes, in large part because we don't have enough equipment to expand production of these chips, and we can't put it together fast enough.” Micron finished Friday up 7.76%. In this article As Micron shares soared 7.76% on Friday, CNBC's Jim Cramer explained why he thinks some chip stocks still have room to run. “Can these stocks keep going higher, though?” Cramer asked. “The answer is yes, in large part because we don't have enough equipment to expand production of these chips, and we can't put it together fast enough.” Micron makes memory and storage technology for artificial intelligence. CEO Sanjay Mehrotra told Cramer that his company is seeing huge demand for its products, and detailed its plans to spend $200 billion to build more domestic production capacity. On Friday, the company broke ground at its 600,000-foot facility in upstate New York. ? Show less Read more
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