By Daragh Thomas
Publication Date: 2026-08-14 17:08:00
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Broadcom Inc. (NASDAQ:AVGO) traded down more than 5% Friday as a new estimate put an enormous number on the debt machine behind the chipmaker’s AI expansion.
BofA analyst Tom Curcuruto estimates Broadcom’s chip-financing vehicle could reach $370 billion of senior debt by mid-2029 at a 20-gigawatt scale, including roughly $150 billion of new issuance in 2027 alone, Reuters reported Friday.
That does not mean Broadcom itself would owe $370 billion. The financing vehicle would raise the debt, but Broadcom has agreed to backstop some of the customer lease obligations.
Prediction market traders are betting Broadcom’s AI business will deliver another huge quarter. The company generated $10.8 billion of AI semiconductor revenue last quarter and has guided to $16 billion for the current quarter.
Polymarket traders currently give…
