By Yuvraj Malik
Publication Date: 2026-10-27 07:43:00
Meta is undertaking a massive $97.5 billion equity offering, including common and preferred stock, plus an at-the-market offer.
- Meta said earlier that Nvidia, AMD, and Broadcom had agreed to buy as much as $5 billion of the common shares in aggregate.
- In February, Meta and Nvidia announced a multi-year partnership covering AI GPUs, CPUs and networking technology.
- Retail sentiment was ‘bullish’ for META and NVDA on Tuesday.
Nvidia Corp (NVDA) said early Tuesday that it is investing $3 billion in Meta Platforms’ (META) equity offering and will partner with the social media giant to improve its Muse AI agentic platform.
Meta announced a massive $97.5 billion equity offering on Monday and said later in the day that it sold $12.5 billion of preferred shares at $50 apiece and $25 billion of common stock at $625 per share.
The offer includes about $60 billion in an at-the-market share sale program, including the company’s planned Class C nonvoting shares.
Meta said earlier that Nvidia, Advanced Micro Devices (AMD), and Broadcom (AVGO) had agreed to buy as much as $5 billion of the common shares in aggregate. Meta intends to use the proceeds to support its investment in AI infrastructure and its consumer AI tools.
NVDA stock was down 0.6% in overnight trading ahead of Tuesday, while META shares were flat. Large-cap tech names were mixed following Anthropic’s IPO filing, although some memory stocks eked out gains in overnight and Asian trading.
