$60B debt for AI chips
Broadcom is rallying sharply after reports it raised $60 billion in debt to fund custom AI chips for Anthropic, a deal investors read as locking in major hyperscaler-scale revenue, with strength in AI networking peers like Credo and Nvidia adding tailwind.
Sources: https://sg.finance.yahoo.com/news/broadcom-starts-amassing-60-bln-050839573.html, https://fin
Sources
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