Micron Technology, Inc. (NASDAQ:MU<\/b>) is one of the stocks that Jim Cramer shared takes on, along with navigating market shortages<\/b>. Cramer highlighted that the company is doing everything to \u201calleviate the shortage,\u201d as he commented:<\/p>\n We\u2019ve got a big shortage in tech, one that\u2019s truly unlike anything I\u2019ve ever seen. It\u2019s about storage and memory, specifically data storage. We just don\u2019t have enough of it for the data centers that are being put up all over this country and the world. We\u2019ve heard this theme now from Micron and from Seagate last night. The former is a maker of sophisticated memory chips, and the latter\u2019s known for more reasonably priced commodity disk drives. These stocks are just, you can\u2019t even\u2026 boom. Micron\u2019s doing everything it can to alleviate the shortage. Sanjay Mehrotra, the effervescent CEO, seems to be breaking ground everywhere. Must be carrying shovels to put up new foundries. But you can\u2019t put these up overnight. They take years. They\u2019re just way too complicated. In this situation, where you have NVIDIA\u2019s new high-end chip spewing data, Micron has absurd pricing power.<\/p>\n<\/blockquote>\n Stock market data. Photo by Alesia Kozik on Pexels<\/p>\n Micron Technology, Inc. (NASDAQ:MU) develops memory and storage solutions, including DRAM, NAND, and SSD products, under the Micron and Crucial brands.<\/p>\n While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/b>.<\/p>\n READ NEXT: <\/b>30 Stocks That Should Double in 3 Years<\/b> and <\/b>11 Hidden AI Stocks to Buy Right Now<\/b>.<\/b><\/p>\n Disclosure: None. This article is originally published at Insider Monkey<\/b>.<\/p>\n<\/p><\/div>\n\n
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