CNBC’s Jim Cramer has issued a fresh call for investors to buy his new favorite semiconductor stock while advising against selling Apple shares.
The recommendation comes as sentiment shifts within the chip sector, with Cramer highlighting specific opportunities amid broader market volatility.
The host’s comments follow a significant rally in Intel shares late Wednesday.
The chipmaker’s stock climbed sharply after receiving a double upgrade from Bank of America, alongside Cramer’s forceful buying recommendation.
This coordinated positive coverage underscores a notable shift in market sentiment toward the legacy chip giant.
Cramer also addressed concerns surrounding Apple, urging investors not to bite on sell calls for the tech heavyweight.