Cramer’s lightning round: I like Lam Research over Taiwan Semiconductor

Monolithic Power Systems Inc: “It sells at 40 times earnings, and you know I’m not recommending stocks unless they have a reasonable multiple.”

Disclosure: Cramer’s Charitable Trust owns shares of Chevron.

VIDEO4:0604:06

Cramer’s lightning round: I like Lam Research over Taiwan Semiconductor

(With inputs from CNBC)