Broadcom Inc. (AVGO) Makes AI ASICs, Says Jim Cramer

We recently published Jim Cramer Just Couldn’t Stop Talking About These 13 Stocks. Broadcom Inc. (NASDAQ:AVGO) is one of the stocks Jim Cramer recently discussed.

Broadcom Inc. (NASDAQ:AVGO) is a semiconductor firm known for its smartphone and data center products. The shares have gained 27% year-to-date as they have benefited from the bullishness surrounding AI. Broadcom Inc. (NASDAQ:AVGO) is among the few companies capable of designing chips that can complement NVIDIA’s AI GPUs. Cramer discussed these chips, called ASIC, in his comments:

“Broadcom is going crazy David, what is that. . .

“True but they also help make the ASIC . . .which was kind of slant, this is the alternative, the so called, let’s say the Trainium. . . but, they very specifically at NVIDIA, tell you that if you want to have a chip that does everything, come on you got to, you have to get the Blackwell.”

Previously, the CNBC TV host commented on Broadcom Inc. (NASDAQ:AVGO)’s exposure to Apple and President Trump’s tariffs:

“But, I think that all of these companies you’re seeing there, like Broadcom, yeah they got exposure, but they sell to Apple, I mean, they make it in China, they sell it to Apple, that’s supposed to be okay.”

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Disclosure: None. This article is originally published at Insider Monkey.