The S&P 500 is on pace for a weekly decline amid pressure on AI-related stocks. Broadcom is in talks to raise $70 billion to $80 billion in debt for its chip financing deal, yet the stock is down 6% for the week after Google announced a partnership with competitor Marvell. Industrial stocks supporting data center development are also suffering significant losses, with GE Vernova down 9.5% and Eaton down 6.7%. Next week will feature earnings from Nvidia, CrowdStrike and Salesforce, while Nvidia has announced a plan to raise $500 billion in financing to support AI development.
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