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Nvidia plans to raise at least $20 billion in first debt sale since start of AI boom

Nvidia plans to raise at least  billion in first debt sale since start of AI boom

By Kif Leswing,Seema Mody
Publication Date: 2026-06-15 19:42:00

Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of media outside a restaurant in the Hongdae district of Seoul, South Korea, on Friday, June 5, 2026.

SeongJoon Cho | Bloomberg | Getty Images

Nvidia is aiming to raise at least $20 billion in debt, according to sources with knowledge of the matter, in the chipmaker’s first bond sale since the start of the AI boom.

In a filing with the SEC on Monday, Nvidia disclosed plans for the capital raise but didn’t include the dollar amount. Earlier this year, the chipmaker said it could raise up to $25 billion through issuance of unsecured commercial paper notes. The debt sale could end up closer to $25 billion, said the sources, who asked not to be named because the numbers aren’t public.

Nvidia shares rose 3,5% on Monday and are up about 14% this year.

The chipmaker is the latest tech company tied to the artificial intelligence trade to tap the capital markets. Alphabet announced plans earlier this month to raise $85 billion in equity-related offerings after securing more than $55 billion in fresh debt since November. And last week, Super Micro announced $7 billion in equity-related financing deals to help to cover the cost of hardware component purchases.

Amazon, meanwhile, raised roughly $54 billion in debt earlier this year in U.S. and European bond sales, and announced plans last week to raise about $10 billion in a Canadian debt sale

Nvidia has about $7.5 billion in long-term debt and another $1 billion…

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