GoKawiilCramer says chip stock selloff masks strong underlying demand, cites Micron contracts
Jim Cramer told CNBC viewers not to abandon semiconductor stocks despite a six-session, 7.2% drop in the VanEck Semiconductor ETF, arguing chip names are now trading as a bloc rather than on individual fundamentals. He cited Micron's 26 long-term customer agreements covering about 35% of revenue through 2030 as evidence of durable demand, and pointed to Intel and AMD as CPU suppliers benefiting from broader device demand.
GoKawiil's interpretation of the reporting above, not reported fact.
Cramer's argument suggests that near-term price moves in semiconductor stocks may not reflect the sector's actual demand fundamentals, particularly around AI-driven memory chip shortages. His framing implies investors reacting to macro factors like oil prices and interest rates could be overlooking company-specific strength, though this remains his personal interpretation rather than confirmed market data.
- VanEck Semiconductor ETF fell 7.2% over six consecutive sessions
- Micron has 26 long-term customer agreements covering ~35% of revenue through 2030
- Cramer argues device-level demand, not the sector index, better reflects chip demand strength
Source: cnbc.com — Alexa Lomonaco, 2026-10-13
Published there as: “Jim Cramer isn't giving up on semiconductor stocks despite the sell off. Here's why”
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