Broadcom is working to line up more than $50 billion in funding for chips needed by OpenAI, according to a BlockBeats report published on Oct. 8. The report also said Oracle is in talks with Apollo and Goldman Sachs over chip financing and is aiming to finalize a chip-related agreement in 2026. Separately, the Financial Times recently reported that SpaceX is seeking $40 billion in financing to buy Nvidia chips. That package is expected to include about $10 billion in bank loans and another $30 billion in investment-grade bonds. The developments point to a wave of large-scale debt arrangements tied to AI chip demand, with Oracle, Broadcom and SpaceX all pursuing financing plans around the sector.
Oracle, Broadcom and SpaceX are all chasing debt deals tied to AI chips, according to a BlockBeats report published on Oct. 8.
Broadcom is trying to line up more than $50 billion in funding for chips needed by OpenAI.
Oracle is talking with Apollo and Goldman Sachs about chip financing, and it is targeting 2026 to lock in a chip agreement.
In a separate report, the Financial Times recently said SpaceX is seeking $40 billion in financing to buy Nvidia chips. The company plans to raise about $10 billion in bank loans, plus $30 billion in investment-grade bonds.
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