Jim Cramer said a new group of technology stocks could take the lead as Nvidia, Microsoft, Alphabet and Meta struggle to sustain their rallies. Broadcom and Micron supported the major averages on Tuesday, while AMD and Arista Networks reported strong quarterly results after the bell. Oracle shares also jumped nearly 6%, according to Cramer, who sees potential for other technology companies to drive the sector’s recovery. He nevertheless highlighted local opposition to data center development, driven by concerns about electricity and water consumption, as well as geopolitical risks arising from the U.S.-Iran war. After months of failed rebounds, Cramer said he wants to see further confirmation before committing substantial capital to the sector.
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