CNBC's Jim Cramer named Nvidia and Broadcom the two biggest winners from OpenAI's ChatGPT-6 Astra launch during Tuesday's Morning Meeting show. According to reports from CNBC, Cramer positioned Nvidia as the primary beneficiary, stating it's 'the stock that I think you should be buying'. However, market reaction was mixed, with Nvidia (NVDA) falling almost 2% to $225.80 while Broadcom (AVGO) gained nearly 3% to $368.17 during Tuesday's trading session. As of the latest market data, Nvidia is trading at $225.25 with a 52-week range of $135.51-$233.71, while Broadcom maintains its position above $368.
OpenAI began rolling out Astra last week, which the company calls its most intelligent model so far. As reported by CNBC, Astra trained on roughly 100,000 Nvidia Grace Blackwell systems, according to CEO Jensen Huang. Huang also announced another 400,000 chips are coming online for OpenAI, which Cramer interpreted as a demand signal rather than a one-off order. The attention on ChatGPT-6 Astra has centered on cybersecurity, coding and computer-use tasks. With the latest market data showing Nvidia's market cap at ₹5.452 trillion and Broadcom maintaining its premium valuation, both companies continue to benefit from the AI infrastructure boom.
Broadcom built a custom chip with OpenAI called Jalapeño, unveiled in June 2026 and designed for inference. According to CNBC, initial deployment is targeted for the end of 2026, with Celestica assembling the systems. Cramer argued that strong Astra reception protects OpenAI's standing and with it, Broadcom's custom silicon order book. He tied further upside potential to OpenAI and Anthropic listing publicly, with Broadcom as the preferred partner. The Jalapeño chip represents Broadcom's strategic positioning in the AI accelerator market and demonstrates the company's ability to deliver specialized hardware solutions for AI applications.
All 29 analysts covering Nvidia rate it a buy with an average 12-month target of $325.23, implying 44% upside. As reported by BeInCrypto, Broadcom draws 26 buys and three holds with an average target of $521.41, pointing to 42% upside. The disagreement sits at the bottom of each range, with Nvidia's lowest target of $275 still above Tuesday's price of $225.69. However, Broadcom's $350 floor sits below its current price of $369.00. With the latest market data showing Nvidia's forward dividend yield at 0.43% and Broadcom maintaining its premium valuation, both stocks continue to attract institutional and retail investor interest.
According to BeInCrypto, Cramer's charitable trust holds Nvidia and Broadcom alongside Intel and Micron. The coming weeks will show whether Astra demand reaches Broadcom's order book or stays inside Nvidia's training clusters. The analyst consensus remains overwhelmingly positive for both chipmakers, with 25 buys and three holds ahead of Broadcom's third-quarter earnings last week, showing minimal shift in sentiment since then. With Nvidia's earnings date scheduled for November 17, 2026, investors will be closely watching the company's AI infrastructure performance and guidance for future growth.
