{"id":474378,"date":"2026-05-08T07:20:15","date_gmt":"2026-05-08T07:20:15","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/474378\/"},"modified":"2026-05-08T07:20:15","modified_gmt":"2026-05-08T07:20:15","slug":"jim-cramer-ai-boom-has-power-to-keep-the-countrys-economy-humming","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/474378\/","title":{"rendered":"Jim Cramer: AI boom has &#8216;power to keep the country&#8217;s economy humming&#8217;"},"content":{"rendered":"<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/05\/108304063-5ED3-MM-A-BLOCK-short-050726.jpg\" alt=\"We currently don't have enough power to light up the data centers, says Jim Cramer\"\/><\/p>\n<p>CNBC&#8217;s <a href=\"https:\/\/www.cnbc.com\/jim-cramer\/\" rel=\"nofollow noopener\" target=\"_blank\">Jim Cramer<\/a> said that he&#8217;s not worried about the market taking a breather because the artificial intelligence boom remains powerful enough to keep driving stocks higher.<\/p>\n<p>All three major indexes closed lower Thursday after the tech-heavy Nasdaq Composite and S&amp;P 500 hit intraday highs earlier in the session. The <a href=\"https:\/\/www.cnbc.com\/quotes\/.DJI\/\" rel=\"nofollow noopener\" target=\"_blank\">Dow Jones Industrial Average<\/a> shed 313 points, or 0.63%, while the <a href=\"https:\/\/www.cnbc.com\/quotes\/.IXIC\/\" rel=\"nofollow noopener\" target=\"_blank\">Nasdaq Composite<\/a> fell 0.13% and the <a href=\"https:\/\/www.cnbc.com\/quotes\/.SPX\/\" rel=\"nofollow noopener\" target=\"_blank\">S&amp;P 500<\/a> declined 0.38%. Still, Cramer said the <a href=\"https:\/\/www.cnbc.com\/2026\/04\/28\/jim-cramer-is-unfazed-by-tuesdays-sell-off-we-want-it.html\" rel=\"nofollow noopener\" target=\"_blank\">pullback was healthy<\/a>.<\/p>\n<p>&#8220;We need a little rest. We want stocks to cool off,&#8221; the &#8220;Mad Money&#8221; host said, noting that many AI-related names have made <a href=\"https:\/\/www.cnbc.com\/2026\/04\/20\/jim-cramer-warns-against-parabolic-stocks-prefers-overlooks-names.html\" rel=\"nofollow noopener\" target=\"_blank\">&#8220;parabolic&#8221; moves<\/a> in recent weeks. <\/p>\n<p>Despite growing concerns around slowing consumer spending, weaker hiring, and geopolitical tensions, Cramer argued the market&#8217;s weakness looks more like a pause than the start of a prolonged downturn because the AI theme remains too strong to ignore. <\/p>\n<p>&#8220;My faith in this market comes down to the opportunity to get you involved in what one of our guests tonight, <a href=\"https:\/\/www.cnbc.com\/quotes\/NVDA\/\" rel=\"nofollow noopener\" target=\"_blank\">Nvidia&#8217;s<\/a> Jensen Huang, correctly calls the fourth industrial revolution: artificial intelligence,&#8221; Cramer said, referencing his <a href=\"https:\/\/www.cnbc.com\/2026\/05\/07\/nvidia-ceo-ai-partnership-corning-revitalize-american-manufacturing.html\" rel=\"nofollow noopener\" target=\"_blank\">interview later in the show with Huang<\/a> alongside <a href=\"https:\/\/www.cnbc.com\/quotes\/GLW\/\" rel=\"nofollow noopener\" target=\"_blank\">Corning<\/a> CEO <a href=\"https:\/\/www.cnbc.com\/2026\/05\/07\/corning-ceo-to-cramer-deals-with-2-unnamed-hyperscalers-larger-than-6b-meta-pact.html\" rel=\"nofollow noopener\" target=\"_blank\">Wendell Weeks<\/a>. <\/p>\n<p>Cramer said investors continue underestimating the scale of the AI-driven transformation <a href=\"https:\/\/www.cnbc.com\/2026\/05\/05\/jim-cramer-ai-winners-to-buy.html\" rel=\"nofollow noopener\" target=\"_blank\">underway across the economy<\/a>. Its benefits have spread to a stack of interconnected industries from power generation, HVAC and semiconductors to cloud infrastructure and cybersecurity. <\/p>\n<p>&#8220;Every one of these layers I just mentioned is like a giant American jobs program,&#8221; he said. &#8220;They all collectively have the power to keep the country&#8217;s economy humming.&#8221; <\/p>\n<p>While Cramer acknowledged the market could see additional short-term weakness after a powerful rally, he argued the broader AI buildout remains intact and powerful enough to continue supporting stocks despite concerns about the Iran war lingering, interest rates and <a href=\"https:\/\/www.cnbc.com\/2026\/05\/07\/mcdonalds-mcd-q1-2026-earnings.html\" rel=\"nofollow noopener\" target=\"_blank\">weakening consumer spending<\/a>. <\/p>\n<p>&#8220;Because you have to ask yourself, what do any of those have to do with the price to earnings multiples of Nvidia or <a href=\"https:\/\/www.cnbc.com\/quotes\/GLW\/\" rel=\"nofollow noopener\" target=\"_blank\">Corning<\/a>?&#8221; he said. <\/p>\n<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/05\/108304062-5ED3-MM-A-BLOCK-050726.jpg\" alt=\"Jim Cramer believes the strength of the AI rally will power the economy\"\/>Jim Cramer&#8217;s Guide to Investing<a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"CNBC&#8217;s Jim Cramer said that he&#8217;s not worried about the market taking a breather because the artificial intelligence&hellip;\n","protected":false},"author":2,"featured_media":474379,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[261],"tags":[291,289,290,860,79,207,29665,193,18,19,204,17,490,188,192,778,190,205,82],"class_list":{"0":"post-474378","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-breaking-news-technology","12":"tag-business","13":"tag-business-news","14":"tag-corning-inc","15":"tag-dow-jones-industrial-average","16":"tag-eire","17":"tag-ie","18":"tag-investment-strategy","19":"tag-ireland","20":"tag-jim-cramer","21":"tag-markets","22":"tag-nasdaq-composite","23":"tag-nvidia-corp","24":"tag-sp-500-index","25":"tag-stock-markets","26":"tag-technology"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116537749398734461","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/474378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=474378"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/474378\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/474379"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=474378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=474378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=474378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}