CNBC's Jim Cramer said Micron 's stock is headed higher as the AI frenzy spurs demand for its memory chips.
"You need high bandwidth memory chips in order to really do great with everything that's coming," Jim said Monday on "Squawk on the Street."
MU shares traded more than 1% higher in midday trading Monday.
MU YTD mountain MU stock performance year-to-date.
Micron "is the stock portfolio managers want to own" as a top AI play, Jim argued, given its high bandwidth memory chips are "ahead of everyone else."
Persons:
CNBC's Jim Cramer, Jim
Organizations:
Micron, MU, Barclays, Trust, CNBC, Club, Nvidia, Broadcom