U.S. television market commentator Jim Cramer said AI data center stocks are back in focus after several weeks of correction, with pressure from the forced liquidation of leveraged fund Situational Awareness starting to ease. As that selling wave fades, supply-chain companies have begun reporting stronger-than-expected earnings and financing developments, reinforcing the view that AI infrastructure fundamentals remain intact.
Six names highlighted by Cramer
Cramer pointed to Intel, Super Micro, Lumentum, Nebius, CoreWeave and Nvidia as core companies that have regained market attention. The report said the rebound in U.S. AI infrastructure shares also lifted interest in related Taiwan supply-chain names, many of which had already moved higher earlier.
According to the article, AI infrastructure stocks began correcting in late June and remained under pressure through July, mainly because Situational Awareness was forced to sell holdings, hitting market liquidity. Cramer said the liquidation pushed prices lower in the short term, but also created a relatively lower entry point for investors looking to reposition. With the unwind ending, attention has shifted back to company fundamentals, and related supply-chain stocks have started to show signs of a rebound.
Earnings and financing helped turn sentiment
The report described Intel as the first clear signal of a reversal. Its equity offering was initially sized at $15 billion, then increased to $20 billion on strong investor demand, and was fully sold.
After that, Super Micro and optical communications company Lumentum both reported quarterly results that came in above expectations. Neocloud providers Nebius and CoreWeave also delivered favorable developments. The article said those operating figures showed that real demand for data center hardware and networking equipment has not slowed.
GPU value retention and securitized compute financing
CoreWeave’s earnings included what the report called a key data point: older-generation Nvidia GPUs are keeping commercial value for longer than the market had expected. That, it said, has eased investor concerns about rapid depreciation of compute equipment.
The article also said Nvidia recently reached a $500 billion financing plan with six global asset management firms. The goal is to treat compute infrastructure as physical assets that can be used as collateral for loans, pushing forward the securitization of compute assets.
Softer CPI data eased rate pressure
Beyond company-specific developments, the report said the latest U.S. Consumer Price Index data came in mild, reducing market expectations that the Federal Reserve would keep rates higher for longer. Lower rate pressure reduces borrowing costs for technology companies and data center operators, creating a more favorable environment for an industry that requires heavy capital spending and drawing funds back into growth-oriented tech stocks.
Taiwan supply-chain stocks had already rebounded
In Taiwan, AI infrastructure-related names had already attracted market attention ahead of the latest move in U.S. shares. The article listed server manufacturers Quanta Computer, Wistron and Hon Hai as beneficiaries of continued order momentum from customers including Super Micro and CoreWeave, which it said has supported their operating fundamentals.
In cooling, Auras and DoubleWin were cited as beneficiaries of rising liquid-cooling penetration driven by high-compute chips, with revenue momentum staying elevated. In optical communications, the report named HwaCom and LandMark Optoelectronics, saying they are aligned with strong demand for high-speed optical components highlighted by Lumentum and continue to attract positioning tied to high-bandwidth transmission demand.
The article first appeared on ABMedia.