Jim Cramer Expresses Skepticism on Indie Semiconductor, Highlights Super Micro's Momentum

Jim Cramer, the host of CNBC's "Mad Money", shared his insights on a few notable stocks during the show's popular 'Lightning Round' segment. He delivered a cautious viewpoint on Indie Semiconductor, Inc. INDI, suggesting that the company might be arriving late to the burgeoning automotive sector, particularly in areas such as advanced driver assistance systems (ADAS) and autonomous driving technologies. "Too late to auto, and I'm not interested, or as interested, in the auto, in the ADAS, or the, frankly, self-driving. I'm just not there," Cramer said. His comments came in the aftermath of Indie Semiconductor reporting sales that did not meet market expectations on February 22.

Analysis of Indie Semiconductor's Position

Indie Semiconductor INDI, headquartered in Aliso Viejo, California, operates as a fabless designer and manufacturer of custom mixed-signal microcontrollers. These are utilized in various sectors including automotive, medical, industrial, and consumer applications. The concerns raised by Cramer reflect the competitive pressures and timing challenges faced by new entrants in the fast-evolving automotive technology industry.

Super Micro Gains Applause

On the other hand, Cramer appeared enthusiastic about Super Micro Computer, Inc. SMCI, a company that develops open architecture server and storage solutions for high-performance computing sectors. Based in San Jose, California, Super Micro has been receiving a positive outlook from investors and analysts alike, demonstrating a strong moment in the current market.

Additionally, Cramer's investment horizon also canvassed other notable stocks like Chewy, Inc. CHWY and The Goldman Sachs Group, Inc. GS. Chewy, the online pet product retailer headquartered in Dania Beach, Florida, remains a stalwart in the e-commerce segment in the United States. Meanwhile, the prestigious investment firm Goldman Sachs, based in New York City, continues to offer diverse financial services including investment banking and securities.

Cramer, Semiconductor, Investment