In a recent appearance, CNBC's Jim Cramer declared Snowflake (SNOW) a foundational platform for building artificial intelligence tools, sparking renewed investor interest in the cloud data company. The endorsement comes amid escalating demand for scalable data infrastructure to power AI innovation.
- Jim Cramer labeled Snowflake (SNOW) 'borderline essential' for AI tool development
- Snowflake reported $1.1B in revenue for FY2025, a 28% YoY increase
- Net revenue retention exceeds 130%, indicating strong customer retention
- SNOW stock rose 45% over the past 12 months amid AI sector momentum
- Snowflake integrates with AWS, Microsoft Azure, and Google Cloud for data workloads
- Data platforms are emerging as critical infrastructure for generative AI deployment
Jim Cramer, the prominent financial commentator, declared Snowflake (SNOW) 'borderline essential' for developing AI tools during a live segment, underscoring the company's central role in modern AI infrastructure. His statement highlighted Snowflake’s unique position as a data platform capable of handling massive, complex datasets required for training large language models and other AI applications. The company reported revenue of $1.1 billion for the fiscal year ending January 2025, up 28% year-over-year, with net revenue retention exceeding 130%—a sign of strong customer stickiness. Snowflake’s cloud-native architecture and integration with leading AI frameworks have made it a preferred choice among enterprises deploying generative AI solutions, including Fortune 500 firms and tech innovators. Cramer’s remarks are expected to accelerate SNOW’s stock performance, which had already seen a 45% surge in the past 12 months amid broader AI sector enthusiasm. The endorsement may draw attention to Snowflake’s strategic partnerships with AWS, Microsoft Azure, and Google Cloud, which collectively host the majority of its data workloads. The sentiment shift could benefit not only Snowflake but also related sectors such as cloud computing, data analytics, and AI infrastructure providers. Investors are increasingly viewing data platforms as critical enablers of AI scalability, making Snowflake a key player in the next phase of technological evolution.