CNBC financial commentator: U.S. semiconductor stocks stage a "revenge rally," optimistic about Broadcom's performance
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```htmlGolden Ten Data July 7th|CNBC financial commentator Jim Cramer stated that semiconductor stocks saw a strong rebound on Monday, delivering a "revenge rally" that reflects the market starting to recover last week's AI chip sector, which was sold off due to excessive pessimism. He believes last week's selling pressure was an overreaction, and now investors are getting back into position. Among them, Cramer is particularly optimistic about Broadcom's upcoming performance. He pointed out that Broadcom has announced an extension of its custom chip collaboration with Apple until 2031, which is a major positive for the company. However, Cramer thinks the market is overly pessimistic about NVIDIA, with its current price-to-earnings ratio below 19 times the estimated profit for the next 12 months, clearly showing an undervaluation.```
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