Cramer Reassesses Magnificent 7 as AI Chip and Big Tech Investment Landscape Shifts

테크주 | Sun Jul 05 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 14 sources

Alongside Jim Cramer's reassessment of Big Tech, AI semiconductor stocks including Nvidia, Micron, and Intel surged, while expectations mounted for Apple's new products and OpenAI's IPO.

Analysis

[Nvidia] received a strong buy recommendation on sustained AI data center demand ^[8]^[12]

2026 share price gain of 5%
underperforming the S&P 500
Forward P/E of 21.7x
in line with the market average
Big 4 hyperscaler CapEx projected at $650 billion in 2026 and $1 trillion in 2027
Wall Street forecasts revenue growth of 82% this year and 41% next year

[Micron Technology] surged 698% over the past year, fueling stock split speculation ^[9]

Share price near $1
000 at approximately $973
Last forward stock split was in 2000
Q3 EPS grew over 1
200% year-over-year
Forward P/E of 7x
a steep discount to the Nasdaq-100

[Intel] tripled over six months on AI data center and foundry recovery ^[11]

From $39.38 in January to current $120.35; $10
000 investment now worth $30
561
Q1 Data Center and AI segment revenue up 22% to $5.1 billion
Intel Foundry revenue up 16% to $5.4 billion
Market cap of approximately $604 billion
Q2 earnings scheduled for July 23

[Microsoft / OpenAI] positioned Microsoft as the biggest beneficiary of OpenAI's $1 trillion IPO push ^[3]^[10]

Microsoft holds approximately 27% stake in OpenAI
valued at around $135 billion
At a $1 trillion IPO
stake value would reach approximately $270 billion
or 9% of MSFT's market cap
OpenAI committed to purchasing an additional $250 billion in Azure services
IPO leaning toward a 2027 debut

[Apple] prepared a five-model new iPhone lineup including a foldable ^[6]^[13]

First foldable iPhone priced around $2
500
production target raised to 10 million units
Sequential launches from H2 2026 through early 2027
iPhone revenue of $57 billion (up 22% YoY)
a record quarterly high
Services revenue of $31 billion
up 16%

[Alphabet / Amazon / Meta] were identified by Cramer as undervalued Big Tech names ^[1]^[2]^[4]^[5]^[7]

Alphabet assessed as still trading at a cheap valuation
Amazon diagnosed as being unfairly punished by the market
Meta analyzed as misunderstood due to AI spending
Netflix and Marvell also mentioned as stocks the market is mispricing

[Global Governments] waged all-out competition to attract AI infrastructure, led by Macron and Modi ^[14]

Macron persuaded SoftBank's Son to secure a 3.1GW AI data center in France
France pursuing a €75 billion
5GW AI data center program
Modi secured $48 billion investment from Amazon ($21 billion in AI and cloud)
Meetings held with CEOs including OpenAI's Altman
Anthropic's Amodei
and Google's Pichai

Cramer Reassesses Magnificent 7 as AI Chip and Big Tech Investment Landscape Shifts

Analysis

Sources