Jim Cramer Says AI Stock Sell-Off Differs From Dot-Com Crash
Photo: TokenPost
Mad Money host Jim Cramer said Thursday, Nov. 5, that AI-linked stocks may keep falling as data-center opposition clouds spending plans, while profitable businesses set the slide apart from the dot-com collapse. Opposition to new data centers after the midterm elections raised doubts about future AI infrastructure spending. Micron fell 17% and GE Vernova dropped 7% Thursday; both also fell sharply Wednesday, Nov. 4. Cramer said investors had priced in continued rapid data-center construction, pushing AI shares too high. He singled out CoreWeave, Iren and Nebius as more exposed because they borrowed to fund projects that could face regulatory delays.
Source: TokenPost
