S&P Record Watch, AI Arms Race, Roaring Kitty Claws Back 5/13/24

Published: May 13, 2024, 2:48 p.m.

b'Carl Quintanilla, Jim Cramer and David Faber began the hour by breaking down this ongoing market rally, with the Dow aiming for its 9th straight day of gains. The desk also reacted to news that Softbank Group\\u2019s Arm Holdings is reportedly planning on launching AI chips in 2025. Staying with the semis, Cramer highlighted Micron for his \\u201cMad Dash\\u201d saying he believes the stock will continue to climb; Micron is up 100% over the last full-year of trading. Also in the mix: GameStop shares surged after trader \\u2018Roaring Kitty\\u2019 posted online for the first time in roughly three years.\\n\\nSquawk on the Street Disclaimer'