The “Magnificent Seven” plus Broadcom (AVGO) and Oracle (ORCL) have lost roughly $2.7 trillion in market value in June, according to Yahoo Finance analysis, as investors take a harder look at the companies funding the AI build-out.
Initially, this month’s reset focused on the Magnificent Seven. Now the pressure captures Broadcom and Oracle — two names closely tied to the AI infrastructure build-out.
The reset cuts across both sides of the AI complex.
Nvidia (NVDA) and Broadcom are tied to…
