Jim Cramer says investors aren't ditching tech - they just want cheaper stocks

* Investors are rotating out of high-multiple tech stocks, not AI or data centers. * High forward P/E multiples make stocks vulnerable when bond yields rise. * Stocks like Dell and Nvidia with lower valuations are outperforming MongoDB. Jim Cramer says investors are not abandoning AI or tech; they are simply selling high-multiple stocks as bond yields rise. He argues that companies like MongoDB (52× forward earnings) fell after strong results, while lower-multiple names like Dell (16×) and Nvidia (17×) rallied. The message: investors still want AI exposure, but only at attractive valuations.