Jim Cramer recently discussed Applied Materials Inc (NASDAQ:AMAT) as a key player in the semiconductor supply chain, facilitating the production of high-bandwidth memory (HBM) chips crucial for data transfer speed. Despite a 43% YTD stock increase, Cramer sees potential growth due to high HBM demand.

Cramer sees Applied Materials Inc (NASDAQ:AMAT) as essential for high-bandwidth memory demand, predicting potential growth. However, some believe other AI stocks offer better returns and lower risks. For a report on a cheap AI stock benefiting from Trump tariffs, explore the best short-term AI stock.

For more stock insights, explore 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: You Need These Companies, Says Jim Cramer About Applied Materials (AMAT)