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Jim Cramer Discusses Whether Broadcom Inc. (AVGO)’s $10 Billion Mystery Customer Is OpenAI

We recently published 10 Stocks Jim Cramer Discussed As He Dismissed A Recession. Broadcom Inc. (NASDAQ:AVGO) is one of the stocks Jim Cramer recently discussed.

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Broadcom Inc. (NASDAQ:AVGO) stunned the stock market and the AI sector when it revealed that it had landed a $10 billion deal for custom AI chips. The announcement, paired with a strong earnings report, sent the stock 13.7% higher. Cramer discussed the potential of OpenAI moving away from NVIDIA to Broadcom:

“[On stock higher on reports that the $10 billion mystery customer is OpenAI] Yeah look I, I don’t want to be contrarian about too many things. . .but I would say the reason I even knew about OpenAI was that Jensen Huang, CEO NVIDIA, told me that really that they were the first company to really understand what Jensen had. And their partnership dates back the longest of any one of these hyperscalers. So I know I read this stuff and it says okay well this is a threat, an existential threat to NVIDIA and NVIDIA stock is down and then I read Ben Reitzes, who’s been the most right about this, particularly with Hock, with the CEO of Broadcom, he says no time to debate about, there’s so much business, there is a huge amount of business.

“Hock Tan, I’ve known him for a long time. He’s not given to any superlatives and no hyperbole. The numbers that he is talking about indicate that we are in a gold rush that you thought was. . .this is an incredible man who has put together an amazing company, and the tentacles are bigger than this. It’s not just also VMWare, it’s really hitting strong from networking. But there’s just an incredible demand, we’re right at the cusp of reasoning. And you need high performance computers to reason. And when I say reason it means that, that’s the beginning of not prompting. Right now it’s a prompt economy, you know like tell me how many times, how many hammers did Home Depot sell last week versus Lowe’s? No, that’s just going to be, how many hammers should I sell? And using the numbers that you have. And the numbers will be much better than anything we can calculate.”

While we acknowledge the risk and potential of AVGO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AVGO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Wall Street calls this $3 stock a “Melting Ice Cube.” They said the same thing about BTI before it returned 90%.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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Now if you had invested just $10,000 in BTI in June 2024, you’d be sitting on $19,000 in October 2025.

Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

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This pattern is a hallmark of our 16.5% annual return track record. The current opportunity offers a 400% upside potential—dwarfing even our 90% BTI return.

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