Jim Cramer Says Nvidia Would Be Criticized for Broadcom’s Anthropic Deal. Here’s Why

Jim Cramer, host of CNBC’s Mad Money, called the $63 billion Broadcom Anthropic deal “excellent for all involved.” However, the stock picker said Nvidia would face endless “hectoring” in the media if it struck the same agreement. Under the deal, Wall Street lenders pay for Broadcom chips that Anthropic then rents. Broadcom also shoulders part of the lenders’ risk, leaving its shareholders exposed to Anthropic’s ability to pay. How the Broadcom Anthropic Deal Moves Risk Onto Chipmakers The financing came together over several weeks before Bank of America, Blackstone, Citigroup, and Morgan Stanley announced it on Monday, according to Bloomberg . The money flows through a special purpose vehicle (SPV), a separate entity created for the deal.

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