During Monday's Mad Money program, Jim Cramer said there was a great need for more data center capacity. This is welcome news for a host of tech companies. Last week we learned of strong demand from Micron Technologies (MU) , which spilled over into Advanced Micro Devices (AMD) , and other names.
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It can safely be said that no one saw this course of events coming.
While still reporting healthy revenue and billings growth, Slack and some other software high-flyers are also seeing some demand headwinds.
Other than taking profits, I'm not interested in putting on new trades.