Wall Street surged Tuesday as a result of snapping the aforementioned reversal. three-day losing streakCNBC’s website. Jim CramerAccording to the results for quarter three, Micron Technology played a part in changing market sentiment — at least for one session.

Micron is in every thing, so the positive pin-action lifted tons of stocks,” even technology giants like AmazonAnd automakers like Ford MotorIt is the “Mad Money”Host said.

Micron’s memory chip company, Micron, posted better than expected quarterly earnings and revenue after the close of Monday. Investors cheered the positive forward guidance and increased stock price by 10.5% on Tuesday.

Cramer stated that “In this industry, truth-telling tentacles are essential, and Micron has nearly all of them.” Sanjay Mehrotra, CEO of Micron, praised the firm’s strong data center business.

Amazon Web Services is thrilled to announce this “fantastic news” Microsoft‘s Azure, for [Alphabet‘s]Google Cloud and even IBMCramer added. The stocks of all these companies were in green on Tuesday.

You will know the meaning of data center boom when they are growing. You’re ready to purchase AMD, Nvidia [Marvell Technology]Cramer stated that despite reporting a large number, it is still far below its peak.”

Cramer noted that Mehrotra’s optimism about 2022 regarding the shortage of non-memory microchips has allayed some Street fears. The prediction came after auto production was severely curtailed in recent months.

The positive comments made by the company about its smartphone business are also a sign of strength for iPhone maker AppleAs well as semiconductor companies Skyworks Solutions, Broadcom XilinxCramer stated.

Cramer stated that most investors only care about Apple and not the suppliers. My goal is to demonstrate how wide-reaching Micron can be that it could literally carry the entire market,” Cramer said, referring specifically to mega-cap tech stocks.

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Disclosure: Cramer’s charitable trust holds shares in Nvidia and Marvell Technology as well as AMD, Broadcom (Amazon), Broadcom, Broadcom, Alphabet Microsoft, Ford Motor, and Marvell Technology.