Jim Cramer says he can't blame anyone sitting on big gains in Apple and Nvidia for taking profits

We're seeing major moves in artificial intelligence stocks Wednesday driven by AMD's earnings beat. This is a good sign for high demand in AI chip spending and why we added to our Oracle position. Jim Cramer says he's also inclined to buy another stock since we're still in an oversold market.

Jim Cramer says he can't blame anyone sitting on big gains in Apple and Nvidia for taking profits

AMD's strong earnings have prompted major movements in the artificial intelligence stock market on Wednesday. This is an indication of high demand for AI chips, which is why we increased our Oracle positions. Jim Cramer also says that he is inclined to purchase another stock, as we are still in an oversold environment.