CNBC's Jim Cramer said he does not see AI spending slowing, pushing back against growing concerns about the pace of model development. He said he expects AI investment to 'continue apace' and that he is not giving up on the data center trade.
Cramer's comments come as some investors worry that progress in AI models may be hitting a plateau, which could reduce the need for new data centers. Cramer appears to disagree with that view, suggesting the infrastructure buildout still has room to run.
Since there is only one source, there is no independent view to compare. The report reflects Cramer's personal take, not a consensus forecast.