Chipmaker Nvidia seeks to raise over $25B in first bond deal since 2021
Article excerpt
Nvidia is raising $25 billion through its first bond sale in five years, a seven-tranche offering spanning maturities from two to thirty years. The chipmaker upsized the deal from an initial $20 billion target after receiving over $85 billion in orders by early afternoon, signaling strong investor appetite for AI-sector exposure. The investment-grade debt sale tests whether corporate demand for capital remains robust despite recent market volatility. The offering represents Nvidia's largest financing move in years as the chip giant races to meet surging demand for AI processors.