Jim Cramer, host of CNBC’s Mad Money and a prominent financial commentator, recently offered a tempered endorsement of Micron Technology (NASDAQ: MU), a global leader in memory and storage solutions headquartered in Boise, Idaho. Speaking on his show on August 2, 2025, Cramer fielded questions from listeners regarding whether the current moment presents a favorable entry point for Micron shares.
Addressing a caller’s inquiry, Cramer stated, “I think you buy a little bit here,” but sounded several notes of caution. He explained that Micron, which produces memory and storage products essential for data centers, mobile devices, and consumer electronics, is navigating a challenging environment for product pricing—particularly in its DRAM (dynamic random-access memory) segment. While Micron’s high-bandwidth memory products are servicing major clients such as NVIDIA and the data center sector with robust performance, Cramer highlighted that DRAM pricing remains weak. This lingering issue, he said, has contributed to a noticeable pullback in the stock from the $130s down to its current levels.
As of August 2, Micron’s stock price stood at $104.88, down $4.26 (around 3.9%) from the previous trading session. The day’s volatility was evident, with shares fluctuating between a high of $107.31 and a low of $103.41, opening at $105.50 amid a hefty trading volume of 24,003,253 shares.
Cramer underscored that for Micron to stage a sustained rebound and deliver more consistent gains, a recovery in DRAM pricing is essential. Without a turnaround in this crucial segment, further upside will be limited, he suggested. Nevertheless, Cramer pointed to Micron’s solid fundamentals and its strategic position to benefit from broader industry trends, including tariff-driven supply chain shifts and increased onshoring of semiconductor manufacturing, which could support future growth. He recommended investors consider adopting a cautious, incremental investment approach, purchasing a small amount of stock now while monitoring the market for potential price dips and signs of DRAM price stabilization.
In previous analyses, including remarks published by Finviz, Cramer advised a measured timing strategy. He warned that Micron’s stock was becoming “a little toppy”—potentially risking a decline toward $80 per share before resurfacing as a stronger long-term buy. He reiterated this counsel recently, advocating for a phased approach: “Buy a little bit here, and then see if it comes down before buying more.” (Finviz)
The broader analyst community has also expressed optimism about Micron’s future prospects, with several experts reaffirming positive ratings and price targets ahead of upcoming earnings reports. Notably, the company continues to introduce innovative memory and storage products, strengthen its technology partnerships, and play a vital role in supporting the growth of artificial intelligence infrastructure—all factors supporting a favorable long-term outlook.
In summary, Cramer’s latest comments reflect cautious optimism regarding Micron Technology. Prospective investors are advised to adopt a gradual approach, watching closely for recovery in DRAM pricing while considering the company’s undervaluation and exposure to transformative trends within the semiconductor industry.