New York (Patrika English News): Broadcom Inc. (NASDAQ: AVGO) may have impressed investors with strong earnings and a high-profile AI chip deal, but CNBC host Jim Cramer says NVIDIA (NASDAQ: NVDA) remains ahead in the artificial intelligence semiconductor market.
Broadcom’s Recent Gains
Broadcom shares have climbed nearly 21% in September, boosted by a solid Q3 earnings report. The company posted $15.96 billion in revenue and $1.69 EPS, surpassing analyst estimates of $15.83 billion and $1.65 EPS.
Adding further momentum, Broadcom confirmed a $10 billion AI chip deal reportedly linked to OpenAI. The news strengthened investor sentiment around the company’s role in the fast-expanding AI supply chain.
Cramer’s Take
While praising Broadcom and its CEO Hock Tan, Cramer highlighted a recent analysis that reinforced NVIDIA’s technological edge.
“By the way, the NVIDIA article said that they are, again, way ahead of Broadcom,” Cramer remarked.
Cramer has previously disclosed that Broadcom is the largest position in his Charitable Trust, calling it “a fantastic story of private-label chips.”
NVIDIA’s Lead in AI
NVIDIA continues to dominate the AI chip sector with its GPUs, widely considered indispensable for large-scale AI workloads. The company’s deep integration with OpenAI and other hyperscalers has further reinforced its leadership.
Broadcom, meanwhile, has carved out its niche with custom silicon and private-label solutions, giving it a solid growth story — but analysts, along with Cramer, agree that NVIDIA still sets the pace.