Nvidia plans to raise at least $20 billion in first debt sale since start of AI boom
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- Nvidia is aiming to raise at least $20 billion in debt, according to sources with knowledge of the matter, in the chipmaker's first bond sale since the start of the AI boom.
- In a filing with the SEC on Monday, Nvidia disclosed plans for the capital raise but didn't include the dollar amount.
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Nvidia is aiming to raise at least $20 billion in debt, according to sources with knowledge of the matter, in the chipmaker's first bond sale since the start of the AI boom.
In a filing with the SEC on Monday, Nvidia disclosed plans for the capital raise but didn't include the dollar amount. Earlier this year, the chipmaker said it could raise up to $25 billion through issuance of unsecured commercial paper notes. The debt sale could end up closer to $25 billion, said the sources, who asked not to be named because the numbers aren't public.