CEO in January, said he completed a business trip in Europe where he discovered that enterprises aren't letting macroeconomic headwinds get in the way of investing in automating their operations.
"They aren't focusing on macroeconomics. They aren't focusing on Brexit," he said in an interview with Cramer. "They're focusing on how can they deliver better experiences to their customers, better experiences for their employees and drive real productivity growth and service now is one of their core platforms that enable all three.
Shares of Micron and Advanced Micro Devices both took a hit in after-hour trading on Texas Instrument's quarterly report. AMD slipped nearly 0.5% in Wednesday trading and Micron was flat at the close.. He went on to say that some are more equal than others and the winners are the ones with less industrial exposure in the face of global downturn.
: "Stock's been under heavy pressure. I think that actually it's pretty close to wanting to call a bottom. The shorts are pressing it down. I think it's good. I would buy half here and then let it come down, though, because boy there's a lot of pressure on it."
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