Cramer says rising rates split markets, with AI stocks insulated from borrowing costs
Original titleCramer says higher rates are splitting the market in two — and AI stocks have a big advantage
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CNBC's Jim Cramer said rising borrowing costs are dividing the stock market, with AI businesses largely insulated while rate-sensitive sectors face pressure.
He cited data center builders, semiconductor firms, power providers and cybersecurity companies as far less constrained, since lenders remain eager to finance AI growth.
Wednesday's $39 billion 10-year Treasury auction drew strong demand, though the 10-year yield briefly hit 5.365%, its highest since April 2002.
Source: CNBC · Technology · cnbc.comPublished · added here