By Simply Wall St
Publication Date: 2026-05-11 04:19:00
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Broadcom (NasdaqGS:AVGO) is reportedly in advanced talks with private credit firms, including Apollo Global Management and Blackstone.
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The company is seeking a record $35b to $55b financing package to support AI chip development and long term supply agreements.
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The funding would back Broadcom’s custom AI chip commitments with major clients such as Google, Anthropic, Meta, and OpenAI.
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If completed, this would be the largest private credit transaction on record for a technology related deal.
For investors watching NasdaqGS:AVGO, this potential financing comes after a very large 5 year share price gain and a current share price of $412.56. The stock is up 23.5% over the past 30 days and 18.7% year to date, with a 1 year return of 100.2%. This performance has coincided with Broadcom becoming central in many AI and data infrastructure discussions.
The…
