担忧雪上加霜！甲骨文被爆部分数据中心推迟至2028年竣工，AI股大跌

Core Insights - Oracle's delay in data center completion for OpenAI has heightened investor concerns about the AI sector's potential bubble [1][9] - Following Oracle's earnings report, the stock experienced a significant decline, exacerbated by the data center delay news [1][11] - Broad sell-off in AI-related stocks occurred, with major companies like Broadcom and Nvidia also facing substantial losses [3][12] Oracle's Performance and Challenges - Oracle's stock fell over 14.8% in two days following its earnings report, with a peak decline of over 40% from its September high [1][11] - The company reported a 14% year-over-year revenue growth and a 34% increase in cloud sales, both below analyst expectations [11] - Capital expenditures surged to $12 billion in the second fiscal quarter, a 41% increase from the previous quarter, raising concerns about the pace of revenue conversion [11][12] AI Sector Impact - The delay in Oracle's data center projects has raised doubts about the sustainability of infrastructure spending that supports AI growth [8][10] - The Philadelphia Semiconductor Index fell over 5%, marking its largest drop in two months, reflecting broader market concerns [3][8] - Investor sentiment has shifted, with increased scrutiny on the costs and timelines associated with AI infrastructure development [12][14] Broadcom's Situation - Despite strong earnings, Broadcom's stock dropped nearly 12%, the largest decline in 10 months, due to investor disappointment over future guidance [12][14] - Broadcom reported a 30% year-over-year revenue increase, with AI semiconductor revenue expected to double in the upcoming quarter [13][15] - Concerns arose regarding the lack of comprehensive guidance for AI revenue in 2026 and the implications of a $73 billion backlog of AI product orders [14][15]