Jim Cramer Says Chip Demand Still Supports Stocks After Six-Session Sell-Off

Semiconductor stocks have fallen sharply, but Mad Money host Jim Cramer said Tuesday that sustained demand for computing power and memory continues to support the industry’s long-term growth. The VanEck Semiconductor ETF fell 7.2% over six consecutive sessions. Cramer said higher oil prices and interest rates could prolong the decline, while semiconductor stocks have increasingly traded together despite differences in their fundamentals, obscuring the demand behind the sector’s rally. He pointed to increasingly advanced consumer devices as evidence that chip demand remains broad.

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