Cramer Says AI Stock Sell-Off Shows Value of Diversification

CNBC's Jim Cramer said Thursday's AI stock sell-off, which followed a Financial Times report that OpenAI's annualized revenue was about $20 billion below previously signaled levels, shows why investors need diversification.

Oracle fell 5.5% and Broadcom dropped 4.35%, while Home Depot rallied as Treasury yields eased. Cramer argued that concentrated portfolios risk panic-selling and missing a recovery.