Jim Cramer says AMD, Arista Networks and Oracle may be leading the tech rally
Overview
CNBC's Jim Cramer says AMD, Arista Networks and Oracle may be emerging as market leaders over the Magnificent Seven, as Broadcom and Micron gains lifted the major averages on Tuesday.
Cramer says opposition to data center development over electricity and water use could hurt smaller developers such as Iren, Nebius and CoreWeave.
He also warns that the Iran war and uncertainty over U.S.-Iran talks could threaten a sustained recovery.
Written by AI from the articles below · updated Nov 3, 7:36 PM ET
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The articles in this story. Times are ET.
- CNBC · TechnologyNewsJim Cramer sees tech rally led by AMD, Arista Networks and Oracle, not the Magnificent Seven
AICNBC's Jim Cramer says a new group of tech stocks, including AMD, Arista Networks and Oracle, may be emerging as market leaders as Broadcom and Micron gains lifted the major averages Tuesday. Cramer says opposition to data center development over electricity and water use could hurt smaller developers such as Iren, Nebius and CoreWeave. He also warns that the Iran war and uncertainty over U.S.-Iran talks could threaten a sustained recovery.
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