Jim Cramer Says He Doesn’t “Want to Chase” Storage Memory Plays Like Western Digital

Group 1 - Western Digital Corporation (NASDAQ:WDC) is a key player in the data storage market, providing various solutions including hard drives and data center platforms [2] - The company has seen significant stock performance, with shares increasing over 200% since a recent purchase, driven by a memory shortage linked to AI data center investments [2] - Major competitors in the memory market, including Micron, Seagate, and Sandisk, have also reported substantial stock increases, with Sandisk more than doubling in value since the beginning of the year [1][2] Group 2 - Despite the strong performance of WDC, some analysts suggest that certain AI stocks may present greater upside potential and lower downside risk [3] - The memory cycles in the data storage industry are noted to be historically short and volatile, prompting some investors to scale down their positions in WDC [2]