Broadcom is reportedly raising $30 billion in debt to finance OpenAI's chip purchases, following similar large-scale financing deals by Anthropic and AMD. Nvidia has partnered with six financial firms to mobilize over $500 billion in third-party capital to support customer infrastructure build-out. These developments indicate that hyperscaler and chip vendor capex is increasingly dependent on external debt and complex equity incentives rather than solely internal operating cash flow.
147 other tracked developments touching the same claims.