Jim Cramer gave AMD (AMD +1.6%) and Micron (MU +1.7%) favorable mentions during last night's...

|About: Advanced Micro Devices, Inc. (AMD)|By:, SA News Editor

Jim Cramer gave AMD (AMD +1.6%) and Micron (MU +1.7%) favorable mentions during last night's airing of Mad Money, and the chipmakers seem to be moving higher in response. Though not a fan of AMD's losses and debt, Cramer is bullish on account of the company's Xbox One/PS4 design wins, and thinks shares are likely to get upgraded. Regarding Micron, Cramer points out the company is benefiting from improving demand and less competition - a few investors already seem to have figured that out. (Micron FQ1: I, II)