Veytics Intelligence
2026-09-12 · Yahoo

Jim Cramer Provided Live Commentary For This AI Stock’s Post Earnings Share Price Movement

Semiconductor designer Broadcom Inc. (NASDAQ:AVGO)'s CEO, Hock Tan, is one of Cramer's favorite executives in the space. The CNBC TV host regularly praises the CEO as being one of the 'toughest' executives in his industry. Broadcom Inc. (NASDAQ:AVGO)'s shares closed 2.7% lower on September 3rd, the day after the firm reported its second quarter earnings. The dip came even as the firm demonstrated strong growth suitable for a company with tailwinds from custom AI chip design. Cramer discussed the results in his morning appearance on the 3rd: "I thought that this, I know that the next quarter is not going to be good. But I do think that the 'AI revenue double again in fiscal year 2028 to 230 billion was the jaw drop statement.

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