Why Nvidia, Broadcom and other AI stocks are falling sharply

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 fell 4.5% on the 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.