Every weekday, the CNBC Investing Club with Jim Cramer holds a &#34;Morning Meeting&#34; livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. Stocks were mixed Friday as investors weighed the possibility of a peace deal between the U.S. and Iran while preparing for the highly anticipated SpaceX IPO. The markets briefly turned lower after President Donald Trump warned that Iran &#34;better get their act together&#34; despite reports that a potential agreement remains on the table. Oil also came off its session lows but remained down about 1% near $87 a barrel as traders continued to bet that a diplomatic resolution could ease supply concerns. Jim noted that global oil supplies appear stronger than many investors realize, helping reduce the market's sensitivity to Middle East disruptions. 2. SpaceX remained the center of the market's attention ahead of its public debut. The offering was priced at $135 per share and was indicated to open around $165 . Jim said early signs pointed to strong demand and suggested the market may be absorbing the massive deal better than many investors feared. &#34;We're over the hump,&#34; he said. Even so, Jim cautioned investors against chasing the stock immediately after it begins trading. &#34;If you're not in on the deal and have that low price, don't touch it till a little bit closer to some benchmarks,&#34; he said. Jim advises investors to wait until the company has established a trading history before aggressively buying shares in the open market. He also highlighted that Club holding Linde could benefit from growing activity in the space industry. 3. Shares of Club holding Intel climbed 5% Friday, adding to their roughly 9% gain on Thursday following a double upgrade by analysts at Bank of America. Jim reiterated his bullish view , calling Intel &#34;the greatest story right now&#34; in semiconductors and arguing that its prospects have surpassed even Nvidia . &#34;It's my favorite stock,&#34; Jim said. &#34;I think that Intel goes to 200,&#34; implying roughly 63% upside from current levels. Jim credited CEO Lip-Bu Tan for restoring confidence in the business and said he believes &#34;Lip-Bu Tan when he says that both the foundry is going to work and the CPUs are going to become a lot more valuable within the data center.&#34; 4. Stocks covered in Friday's rapid fire at the end of the video were: Williams Sonoma , AMD , Arm , and Lennar . (Jim Cramer's Charitable Trust is long INTC, LIN, and NVDA. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

After a week-long rout, AI chip stocks staged a sharp single-day rebound — the Philadelphia Semiconductor Index (SOX) surged ~8%, with SanDisk (SNDK) +14.5%, Micron (MU) +11.7%, Marvell (MRVL) +11%, and Intel (INTC) +9%, recovering nearly all weekly losses. The dual catalysts: US-Iran nearing a deal drove oil prices lower, while TSMC's reported plans to raise advanced-node pricing by up to 15% reaffirmed persistently tight AI capacity. But a single-day violent bounce cuts both ways — it could be a golden dip-buying opportunity, or a textbook dead cat bounce ahead of another leg down. Is this the real bottom, or a bull trap?

After a week-long rout, AI chip stocks staged a sharp single-day rebound — the Philadelphia Semiconductor Index (SOX) surged ~8%, with SanDisk (SNDK) +14.5%, Micron (MU) +11.7%, Marvell (MRVL) +11%, and Intel (INTC) +9%, recovering nearly all weekly losses. The dual catalysts: US-Iran nearing a deal drove oil prices lower, while TSMC's reported plans to raise advanced-node pricing by up to 15% reaffirmed persistently tight AI capacity. But a single-day violent bounce cuts both ways — it could be a golden dip-buying opportunity, or a textbook dead cat bounce ahead of another leg down. Is this the real bottom, or a bull trap?

Chips Bounce 8% In A Day: Dip Or Dead Cat?

04335

INTC

INTW

ARMW

ARMG

ARMU

Jim Cramer named Intel his top stock, predicting a 63% upside to $200, citing CEO Lip-Bu Tan's leadership and strong foundry/CPU prospects. He also discussed SpaceX's IPO pricing at $135 with expected opening around $165, advising against immediate buying. Markets were mixed on Iran peace deal hopes and oil prices near $87. Other covered stocks included Williams Sonoma, AMD, Arm, and Lennar.

- On Friday, U.S. stocks were mixed as investors considered a potential peace deal with Iran and the SpaceX IPO, which is priced at $135 per share, expected to open around $165.  
- Oil prices declined by about 1% amid uncertainties, although strong global supplies are reducing market sensitivity to Middle East tensions.  
- Intel shares rose 5% after a double upgrade from analysts, with Jim Cramer expressing a bullish outlook, anticipating a 63% price increase as confidence in the company grows.

CNBC

INTEL-T

Lennar

Intel

GraniteShares 2x Long INTC Daily ETF

Roundhill ARM WeeklyPay ETF

Leverage Shares 2X Long ARM Daily ETF

T-Rex 2X Long ARM Daily Target ETF

Linde

Bank of America

NVIDIA

Williams Sonoma

Linde plc

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

NVIDIA Corporation

Lennar-B Shares

Jim Cramer calls this chipmaker his No. 1 stock — and sees 63% upside ahead