The S&P 500 and the Nasdaq fell on Friday as artificial intelligence stocks came under pressure after Broadcom’s weak sales forecast fueled concerns about an AI bubble. By 9:47 a.m. ET, the Dow Jones Industrial Average was up 154.56 points, or 0.31%, at 48,856.46, the S&P 500 was down 12.58 points, or 0.18%, at 6,888.92 and the Nasdaq Composite was down 5,119, or 0.5 points. 23,478.83. Key Stock Movers Broadcom shares tumbled 8.4% after the chipmaker warned of slimmer future margins on its AI system sales. Advanced Micro Devices stock lost 1%. Oracle stock extended its decline by 2.3% on Friday. The cloud company recorded its biggest daily decline since January in the previous session. Nvidia shares rose 0.3% after a report said the AI ​​chip giant is evaluating an increase in H200 chip production to meet strong demand from China. Lululemon Athletica stock rose 12% after the apparel maker raised its annual profit forecast. Cannabis stocks rose after a report said US President Donald Trump is trying to ease restrictions on marijuana through a planned executive order. Canopy Growth climbed 23% and Tilray Brands rose 30%.