Cramer: Broadcom’s $63 Billion Anthropic Financing Works Because “There Is Only One Hock”

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Cramer: Broadcom’s Billion Anthropic Financing Works Because “There Is Only One Hock”

By Roxanna Maglangit
Publication Date: 2026-10-30 18:13:00

Cramer: Broadcom’s $63 Billion Anthropic Financing Works Because “There Is Only One Hock” ©Syda Productions and Nikada from Getty Images Signature via Canva

Key Takeaways

  • Bank of America, Citigroup, Morgan Stanley and Blackstone committed $63 billion to a vehicle that will buy Broadcom’s AI chips and networking gear and lease them to Anthropic.

  • Some banks reportedly considered pulling out until Broadcom CEO Hock Tan agreed to higher interest rates and gave them more comfort on Broadcom’s guarantees.

  • Broadcom’s growth plan needs more deals like this one, and its support for Anthropic’s chip financing is already well above its $24.0 billion of cash.

  • At 20x forward earnings, close to its lowest in three years, Broadcom’s stock already prices in much of that financing risk.

Broadcom (AVGO:NASDAQ) just lined up $63 billion so Anthropic can buy its chips.

On Monday, Bank of America (BAC:NYSE), Citigroup (

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