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Nvidia has $13B in cash. Why did it just borrow $25B more? — TFN
Nvidia raised $25 billion by selling bonds, even though it already has more than $13 billion in cash. This is its first debt deal since 2021.
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thenextweb.com
Nvidia's first bond sale since 2021 seeks $20bn+
Nvidia is marketing its first bond sale since 2021, seeking at least $20bn across seven tranches, mainly to refinance debt as AI-era borrowing surges.
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cryptobriefing.com
Nvidia plans to raise at least $20B from bond sale as AI chip demand surges
Nvidia plans to raise at least $20 billion from a high-grade bond sale, its largest debt offering ever, as tech giants race to finance AI infrastructure.
