Jim Cramer: “If you bought AI and data center stocks on borrowed money, sell them right now”

Jim Cramer warned investors who bought AI infrastructure and data center stocks on margin to cut positions or sell immediately.

He said the AI trade is losing momentum and questioned the durability of data center spending.

Cramer said leveraged traders face outsized losses if the theme corrects, making risk management urgent.

The warning comes as AI and data centers have been popular market themes.