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Jim Cramer: Broadcom (AVGO) Will Bounce Back After AI Chip Selloff

Jim Cramer expressed enthusiasm for Broadcom (AVGO) following the recent AI chip selloff, stating that the decline was not a bottom and highlighting the stock's 42% gain over the past year.

July 11, 2026
2 min read
Source: Insider Monkey
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Key Numbers

stock gain ytd
42%

According to a report from Insider Monkey, Jim Cramer recently discussed 17 AI stocks that experienced a sharp selloff, insisting that the decline did not mark a bottom. Among the stocks he showed strong enthusiasm for was Broadcom Inc. (NASDAQ:AVGO).

Details of Cramer's Comments

Cramer noted that Broadcom, a semiconductor and infrastructure software company, has strong fundamentals that position it for a strong recovery after the recent correction. He pointed out that the stock has risen 42% over the past period, reflecting investor confidence in its growth prospects.

Broader Context

Cramer's comments come amid heightened volatility in AI-related stocks due to valuation concerns and tightening monetary policy. However, he believes companies like Broadcom have competitive advantages that support their long-term trajectory.

What It Means for Investors

Cramer's optimism provides a positive signal for Broadcom investors, but it does not constitute a buy recommendation. Investors are advised to conduct their own research and consider the risks associated with the semiconductor sector before making any investment decisions.

Frequently Asked Questions

Broadcom is an American company specializing in semiconductor design and infrastructure software solutions, and is a key player in the AI sector.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.