Jim Cramer Says ‘It Was Very Funny’
From Yahoo Finance: 2025-05-07 11:42:00
Jim Cramer commented on the resurgence of AI in the market, with a positive shift in sentiment towards the technology. He also discussed the US-China tensions on AI and trade, stating that the US technology is superior. The US has imposed restrictions on AI chip sales to China, limiting access to advanced technology.
Under the Biden administration, the US has implemented AI chip sanctions, restricting all but 18 countries from acquiring the latest chips. Cramer criticized these restrictions, calling them ‘Diffusion Rules.’ He expressed concerns about offering licensing to certain countries, hinting at potential negative consequences.
Cramer expressed uncertainty regarding the impact of tariffs on economic growth in the upcoming quarter. He highlighted the importance of observing the effects of these economic policies on various sectors.
Salesforce, Inc. (CRM) was discussed as a stock pick by Jim Cramer, ranking 5th on his list. Despite the potential for CRM as an investment, Cramer believes that other AI stocks may offer greater promise for higher returns in a shorter timeframe. Consider exploring reports on alternative AI stocks for potential opportunities.
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