Broadcom Inc. (NASDAQ:AVGO) is recommended as a buy by Jim Cramer due to its growth potential in software and hardware, especially in artificial intelligence. The company collaborates with Google and is expanding its work in AI, making it an affordable option for investors interested in this sector.

Broadcom Inc. (NASDAQ:AVGO) supplies semiconductor devices and infrastructure software for various applications, including data centers, telecommunications, smartphones, and AI networking. Despite a recent drop in stock price after a poor quarter, Cramer expressed confidence in the company’s CEO and highlighted strong sales and guidance for the current quarter.

Read more at Yahoo Finance: Jim Cramer Believes “Broadcom Represents One of the Cheaper Ways to Play Artificial Intelligence”