Jim Cramer's 'Hardware-Only' Trade: Marvell And Intel Surge As Software Stocks Sink
CNBC'sJim Cramersaid investors are favoring hardware over software, highlighting a persistent divide in tech and pointing to chip and infrastructure players as current winners.
Hardware Outpaces Software
Cramer said on Thursday the "buy hardware, sell software" trade has re-emerged strongly. Companies tied to AI infrastructure and data centers are leading gains.Marvell Technology Inc(NASDAQ:MRVL) andIntel Corp(NASDAQ:INTC), which rose during the session, along withCorning Inc(NYSE:GLW), exemplify this shift, he says.
Marvell stock has gained over 41% year-to-date. Intel has gained over 67%, and Corning 94%.
Software Stocks Face Broad Pressure
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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