Investors may miss big AI winners due to index fund reliance and dot-com fears, says Jim Cramer.

Jim Cramer warns investors that heavy reliance on index funds, skepticism of obvious AI investment themes, and lingering fears from the dot-com bust may cause them to miss out on major AI market winners. He highlights Snowflake's recent 36% stock surge after strong earnings and a $6 billion AWS deal as an example. Cramer encourages investors to look beyond index funds and consider profitable AI-related companies like Salesforce, Oracle, and Microsoft. He believes the AI data center boom has significant growth potential ahead, unlike the speculative internet bubble of the late 1990s.