Someone is accumulating the semiconductors. Makes no sense vs. the rest of tech doing poorly, so perhaps someone is putting together a derivative basket in the group.

As much as we love the semis, we're letting some of them go, including

Texas Instruments

(TXN) - Get Report

, in case it's something artificial like that basket put together for the public.

We scale out into strength, particularly unnatural strength. That's what we have today.

James J. Cramer is manager of a hedge fund and co-founder of At time of publication, his fund had no positions in any stocks mentioned. His fund often buys and sells securities that are the subject of his columns, both before and after the columns are published, and the positions that his fund takes may change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Cramer's writings provide insights into the dynamics of money management and are not a solicitation for transactions. While he cannot provide investment advice or recommendations, he invites you to comment on his column at