Lam Research (LRCX): Cramer's AI Data Center Pick Beyond Nvidia

Jim Cramer called out Lam Research as sitting at the heart of data center intellectual property outside of Nvidia, describing the stock's price action as "quite positive." The comment positions LRCX as a semiconductor infrastructure name rather than a direct bet on any single chip designer, drawing attention to the equipment and process technology that underpins modern AI buildouts.

The framing is notable because it suggests investors looking for data center exposure may find it in chipmaking equipment suppliers like Lam Research, which operates one layer removed from the headline names that tend to dominate AI conversations. Cramer's post drew 63 likes and 33 replies, indicating the idea resonated with followers looking for ways to play the AI theme with a different risk profile.

Lam Research supplies etch and deposition equipment that chip manufacturers depend on regardless of which AI accelerator ultimately wins the market. That supplier dynamic is what Cramer appears to be pointing to when he references intellectual property tied to the data center that does not run directly through Nvidia.