By Marcin Frąckiewicz
Publication Date: 2025-12-12 23:13:00
Big Tech stocks slid on Dec. 12, 2025 as Broadcom and Oracle reignited “AI bubble” worries, pushing chip leaders lower while investors refocus on margins, capex, and cash flow.
NEW YORK (Updated Dec. 12, 2025, 6:00 p.m. ET) — Big Tech stocks ended the week under pressure Friday as a renewed “AI payoff” debate rippled through the market, dragging down semiconductors and the broader Nasdaq. The Nasdaq Composite fell 1.69% to 23,195.17, while the S&P 500 dropped 1.07% to 6,827.41 and the Dow Jones Industrial Average slipped 0.51% to 48,458.05. [1]
At the center of today’s selloff: Broadcom’s margin warning, Oracle’s AI-infrastructure spending concerns, and a wider investor question that’s getting louder into year-end—how quickly does Big Tech turn massive AI capex into measurable earnings and free cash flow? Broadcom sank 11.4%, Oracle fell 4.5%, and Nvidia slid 3.3%; the Philadelphia Semiconductor Index dropped 5.1% for its weakest session since Oct….
