Cramer Warns Against Overpaying for Marvell's AI Rally

Jim Cramer cautioned that Marvell may have long-term potential but investors shouldn’t chase the stock higher on AI hype. The chipmaker’s shares surged after Computex remarks by a prominent investor calling Marvell the next trillion-dollar company, highlighting a broader AI-driven rally. Cramer emphasized that paying up for momentum before earnings and customer demand catches up could be risky, reflecting a wider debate on whether AI stocks are priced too far ahead of fundamentals.