As shares of Micron headed higher on Friday, CNBC's Jim Cramer explained why he thinks chip stocks still have room to run.
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As Micron
shares soared 7.76% on Friday, CNBC’s Jim Cramer explained why he thinks some chip stocks still have room to run.
“Can these stocks keep going higher, though?” Cramer asked. “The answer is yes, in large part because we don’t have enough equipment to expand production of these chips, and we can’t put it together fast enough.”
Shares of technology companies rallied on optimism about chip stocks.
CNBC's Jim Cramer on Friday walked investors through next week on Wall Street.
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