top of page

NVIDIA WILL RAISE $20 BILLION IN FIRST CORPORATE BOND SALE IN FIVE YEARS

  • NEWS Desk Global
  • 1 day ago
  • 1 min read

Nvidia will raise $20 billion through a ​U.S. bond issuance, a source told Reuters on Monday, tapping ‌the debt market to fund the massive capital requirements to produce cutting-edge AI chips.

The AI chip leader has not accessed investment grade bond market in five years, ​previously raising $5 billion in June 2021, the source familiar with ​the matter said, declining to be named as the plan ⁠was still private.





Comments

Commenting on this post isn't available anymore. Contact the site owner for more info.
bottom of page