Fears over debt financing for data-center buildouts have roiled the artificial-intelligence trade in recent weeks, with the selloff intensifying Wednesday on fresh concerns around Oracle.
Chip maker Broadcom’s stock
AVGO was down more than 5% late in the trading day, extending its five-session slide to more than 21% — its worst performance over such a stretch since the five-day run that ended March 28, 2020, according to Dow Jones Market Data.
Why Nvidia, Broadcom and other AI stocks are falling sharply
Published:
Fears over debt financing for data-center buildouts have roiled the artificial-intelligence trade in recent weeks, with the selloff intensifying Wednesday on fresh concerns around Oracle.
Chip maker Broadcom’s stock
AVGO was down more than 5% late in the trading day, extending its five-session slide to more than 21% — its worst performance over such a stretch since the five-day run that ended March 28, 2020, according to Dow Jones Market Data.
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