Chip stocks like Micron and Nvidia have fallen recently, sparking concern among investors. However, Jim Cramer argues that the semiconductor index is misleading and advises watching actual device demand instead. Micron's latest earnings reveal strong revenue and long-term customer contracts covering over 35% of its revenue through 2030, indicating sustained demand. The key risk is Chinese competition, but until Micron's future reports show weakening contracts, the chip market's fundamentals remain solid.
Micron Technology holds a market cap of $1.08 trillion and a dividend yield of 0.06%, while Nvidia's market cap stands at $5.52 trillion with a dividend yield of 0.44% as of Oct 14, 2026, 20:04 WIB. Despite recent price drops—Micron down 2.15% and Nvidia down 1.15% on Pluang—both stocks show strong investor interest, with 67% of Micron orders and 75% of Nvidia orders being buys. The article highlights demand fundamentals, which align with the steady buying activity seen on Pluang at this time.
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