Nvidia to raise $20 billion in US bond issuance

Nvidia will raise $20 billion through a US bond ‌issuance, ⁠a ⁠source told Reuters on Monday, joining a growing number of technology companies turning to the debt market as investments into AI ⁠accelerate.

The bonds ‌consist of ​seven ​tranches of notes, ⁠maturing as late as 2056, according to ​a term sheet ​seen by Reuters.

Expensive AI infrastructure buildouts require a significant amount of capital, pushing big ‌tech firms to use debt as a method of fulfilling their ⁠multi-billion dollar AI ambitions.


Goldman Sachs, J.P. Morgan and Morgan ​Stanley are the bookrunners for the raise.