Jim Cramer talk Micron breaking ground on New York chip plant

Watch on YouTube ↗  |  January 17, 2026 at 00:43  |  1:09  |  CNBC
Speakers
Jim Cramer — Host, Mad Money

Summary

Jim Cramer discusses severe shortages of lower-end semiconductors used in data centers, especially memory chips. He notes Micron CEO Sanjay Mehrotra broke ground on a $100 billion New York fab supported by CHIPS Act subsidies. Cramer says the expansion is needed because data-center chips, including those adjacent to Nvidia, are in critical short supply. The implication is a tight memory and data-center chip market that supports memory-chip makers and Micron's capacity expansion.

  • Cramer flags severe shortages of lower-end data-center semiconductors.
  • Memory chips are singled out as especially short in supply.
  • Micron breaks ground on a $100 billion facility in Onondaga County, New York.
  • CHIPS Act money serves as a down payment for Micron's foundry.
  • Cramer says the new capacity is badly needed amid critical chip shortages.
  • Data-center chips adjacent to Nvidia are mentioned as part of the demand context.
Ideas
Jim Cramer Host, Mad Money 0:06
Data-center chip shortages support suppliers.
Cramer says severe shortages of lower-end semiconductors used in data centers, especially memory chips, were not anticipated; he describes the market as being in critical short supply for chips needed in data centers, which should support demand and pricing for data-center chip suppliers and memory-chip makers.
SMH HIGH
Jim Cramer Host, Mad Money 0:15
Micron expands capacity amid memory shortage.
Cramer highlights Micron CEO Sanjay Mehrotra breaking ground on a $100 billion Onondaga County, New York facility, with CHIPS Act money acting as a down payment. He says the expansion is needed because of critical data-center chip shortages, positioning Micron to add capacity in a tight memory market and serve demand adjacent to Nvidia.
MU MED
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This CNBC video, published January 17, 2026, features Jim Cramer discussing SMH, MU. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Jim Cramer  · Tickers: SMH, MU