AI bears have been wrong every step of the way, says Jim Cramer

Group 1: Economic Overview - There are currently three distinct economies: two are thriving while one is struggling and in need of assistance [1] - The Dow Jones Industrial Average decreased by 1.2%, while the S&P 500 increased by 0.58% and the Nasdaq rose by 1.12% [1] Group 2: Artificial Intelligence and Data Centers - The most promising sector is related to artificial intelligence in data centers, which is often labeled as a bubble [2] - Since the launch of ChatGPT in late 2022, data center buildouts have contributed to 75% of the S&P 500's returns, 80% of its earnings growth, and 90% of capital spending growth [3] - Major companies in this sector include Meta, Alphabet, Amazon, Dell, Micron, AMD, Microsoft, Broadcom, Oracle, and Nvidia, all of which have substantial financial resources [4] Group 3: Investment Sentiment and Market Performance - Companies have faced criticism for their heavy spending on AI, yet this has not deterred their stock performance, particularly Nvidia, which has seen significant gains [5][6] - Recent stock performance includes Micron rising nearly 6%, Dell gaining 9%, and AMD increasing over 11% due to accelerating growth rates in data center orders [7]