Jim Cramer Shares Unmissable Insights About Broadcom (AVGO)

Jim Cramer Shares Unmissable Insights About Broadcom (AVGO) Ramish Cheema Wed, June 17, 2026 at 5:00 PM GMT+2 2 min read AVGO SPCX GOOGL We recently published Jim Cramer Called SpaceX A Meme Stock & Discussed These 7 Stocks . Broadcom (NASDAQ:AVGO) is one of the stocks discussed by Jim Cramer. Broadcom (NASDAQ:AVGO)’s shares have struggled recently.

While they are up by 13% year-to-date, over the past month, they are down by 6%. The shift came after the firm’s latest earnings report. As part of the release, Broadcom (NASDAQ:AVGO) remarked that it expected to earn “in excess” of $100 billion in AI sales in fiscal 2027.

The figure meant that its guidance remained unchanged. Cramer has been one of the firm’s biggest fans as he has repeatedly praised CEO Hock Tan. In this appearance, he discussed the impact of Google’s demand for custom AI chips on Broadcom (NASDAQ:AVGO): “Broadcom’s different, David.

Broadcom’s something, high expectations, with a big deal from Google that didn’t turn out to be as much business as I thought. . .

look, I owned it, I owned it for my trust, so like, I’m not saying, hey it really wasn’t as bad. That was bad, and it has made me, you know, a lot of soul searching this weekend about how wrong I could have been. I was real wrong, because I believed that the relationship, I thought that was going to bebig upside on that relationship.

And that Google had more demand, and that Google’s TPUs were better than, NVIDIA. I mean everything had a price. ” Jim Cramer Shares Unmissable Insights About Broadcom (AVGO) photo by Business-laptop-campaign-creators on Unsplash Carillon Eagle Growth & Income Fund discussed Broadcom Inc.

(NASDAQ:AVGO) in its  Q1 2026 investor letter : “Broadcom Inc. (NASDAQ:AVGO) was weak for the quarter as higher inflation led investors to fear a slowdown in hyperscaler spending. This led to lower spending on custom silicon, the main reason for Broadcom’s strength over the last couple of years.

We believe Broadcom still has some of the best tech in the space and will be one of the biggest winners from AI. ” While we acknowledge the potential of AVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the   best short-term AI stock .

READ NEXT:  33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy .   Disclosure: None. Follow Insider Monkey on Google News .