Cramer Flags 3 Mistakes Behind Missed AI Gains as Snowflake Jumps 36%

4 articles · Updated · CNBC · May 28

Snowflake’s roughly 36% surge after strong results and a $6 billion AWS commitment prompted Jim Cramer to argue many investors are missing the AI rally’s biggest winners.
Cramer blamed three habits: overreliance on index funds and ETFs, dismissing AI stock ideas as too obvious, and lingering fear from the 2000 internet-stock collapse.
He said that caution is obscuring profitable AI-linked companies with real cash flow, citing Salesforce, Oracle and Microsoft alongside memory and storage names such as Micron, Seagate, Sandisk and Western Digital.
Cramer argued today’s AI leaders differ from late-1990s speculative internet stocks and said the data-center boom still has room to run despite bearish calls for the rally to unravel.

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