Broadcom's shares fell sharply after missing revenue guidance expectations, but prominent investors including Jim Cramer argue the sell-off is overdone given the company's underlying strength.

What happened: Broadcom posted second-quarter revenue of $22.19 billion（約3.6兆円）, missing analyst estimates of $22.27 billion（約3.6兆円）, and did not raise its revenue guidance for custom AI chips. The stock declined 12.9% over the past month following the earnings report. On the same day, Benchmark raised its share price target to $545 from $485 with a Buy rating, while DA Davidson bumped its target to $400 from $375 and kept a Neutral rating.

Why it matters: Jim Cramer acknowledged the selling pressure but argued investors expected perfection and are unfairly comparing Broadcom to an overelevated AI semiconductor sector. He emphasized that when Broadcom and CrowdStrike ran so much beforehand, things had to be perfect—and that the companies remain fundamentally strong despite the market's harsh reaction.

What to watch: Cramer noted both Broadcom and CrowdStrike were 'parabolic' stocks that will be hurt as deals get priced, but he stopped short of recommending abandoning either holding. His comments suggest the stock's near-term volatility may not reflect longer-term business quality.