An interview with Broadcom CEO Scott McGregor hit the airwaves July 25 on the heels of the company’s Q2 earnings. McGregor appeared on CNBCâ€™s investment show â€śMad Moneyâ€ť to talk about the company’s latest successes. Host Jim Cramer enthusiastically conducted the interview, musing throughout the segment: â€śWhat makes Broadcom different?â€ť
- McGregor pointed to Broadcomâ€™s stronghold in the growing smartphone arena: â€śOur connectivity products are in most of the smartphones that you can buy. And, so that breadth in that market really gives us an opportunity.â€ť
- They discussed Broadcomâ€™s technology in TV set-top boxes, with a nod to the opportunities in emerging markets. McGregor also spoke to how broadband is seeing growing demand â€“ HDTV content that is accessible anywhere in the home:Â â€śIn the living room, people want to get HD content. They want to get content in all their rooms. Thatâ€™s really driving a lot of growth here in the United States as well. â€ś
- McGregor explained why Broadcom has an edge in the market, referencing the â€śbreadth of IPâ€ť at the company and pointed to how its products combine technologies into single, integrated chips that simplify complex tasks and lower costs for customers.
- Cramer specifically asked for more details about Broadcomâ€™s 5G WiFi technology. â€śItâ€™s a no-brainer,” McGregor said. “Itâ€™s twice the performance, twice the gigabit performance, twice the range. Itâ€™s lower power, which means your cell phone battery is going to last longer. And weâ€™re going to deliver that in phones starting at the end of this year.â€ť
Watch the clip here: CNBC Mad Money’s Broadcom CEO Interview