Broadcom Inc. (NASDAQ:AVGO) is a stock on Jim Cramer’s radar due to a deal with OpenAI. OpenAI will design chips made by Broadcom for massive energy usage equivalent to 18 Hoover Dams. The stock surged nearly 10% in response to the news, highlighting Broadcom’s importance in big data center deals.

Broadcom Inc. (NASDAQ:AVGO) is a semiconductor and infrastructure software company that designs solutions for networking, telecommunications, data centers, and consumer electronics. The company’s recent deal with OpenAI showcases its significant role in the tech industry.

While AVGO shows investment potential, some AI stocks may offer greater upside and less downside risk. Investors seeking undervalued AI stocks benefiting from tariffs and onshoring trends can explore alternative options. The company’s recent success with OpenAI highlights its importance in the tech sector.

Read more at Yahoo Finance: Jim Cramer Says Broadcom “Rarely Gets the Attention it Deserves”