Cramer says higher rates are splitting the market in two — and AI stocks have a big advantage

Jim Cramer highlighted that rising interest rates are dividing the stock market, with AI-related companies largely insulated from borrowing constraints affecting other sectors. He noted that AI firms, including data center builders and semiconductor companies, can borrow more freely, contributing to their market leadership. SpaceX exemplifies this trend by seeking $40 billion to buy Nvidia chips for AI data centers, likely securing favorable loan terms despite its credit rating.