Jim Cramer sees an opportunity in Broadcom’s 15% plunge, with one key caveat Broadcom experienced a 15% drop in its stock price following its earnings report, despite record AI semiconductor revenue and strong future guidance. While some analysts downgraded the stock, citing concerns about custom silicon revenue peaking, others maintained buy ratings and increased price targets, expecting continued AI revenue growth. Jim Cramer views the stock’s decline as a buying opportunity, advising investors to wait for the stock to stabilize before purchasing.

• Broadcom’s stock fell 15% after reporting earnings, despite exceeding AI semiconductor revenue expectations.
• The company reaffirmed its AI semiconductor revenue guidance for fiscal years 2026 and 2027, exceeding $100 billion for 2027.
• CEO Hock Tan anticipates continued AI semiconductor strength through fiscal year 2028, supported by six core customers.
• Analyst opinions are mixed: Macquarie downgraded the stock to a hold-equivalent rating, while JPMorgan and others raised price targets.
• Jim Cramer considers the stock drop a buying opportunity but suggests waiting for stabilization, as he plans to buy back shares after selling some earlier.