CNBC's Jim Cramer said a new group of technology stocks may be emerging as market leaders, as heavyweights such as Nvidia, Microsoft, Alphabet and Meta have struggled to sustain recent rallies. On Tuesday, gains from Broadcom and Micron supported the major averages, and Cramer pointed to Advanced Micro Devices and Arista Networks after strong quarterly results, as well as Oracle, whose shares rose nearly 6% in the session. He flagged risks including growing local opposition to data center development, which could hit smaller developers such as Iren, Nebius and CoreWeave, as well as the ongoing war with Iran. Cramer said he would like to wait for the 'crescendo' before committing more money back into tech.
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tech stocksNvidiadata centersQQQJim Cramer
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Related tickers and likely impact
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/03/2026 | 685.34 |
| Change that session | +0.62% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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