Chip fever has created an $11 billion debt market backed by Nvidia’s AI-enabling GPUs

Chip fever has created an  billion debt market backed by Nvidia’s AI-enabling GPUs

Top Wall Street lenders have created a big debt market back by red-hot Nvidia GPUs. A report from the FT says firms have made billions in loans to companies that use Nvidia chips as collateral. The risk is that… Article Source https://www.businessinsider.com/nvidia-ai-gpu-chips-demand-artificial-intelligence-debt-investing-cloud-2024-11

Cisco makes headway in debt resolution, pays off two major debts

Cisco makes headway in debt resolution, pays off two major debts

CISCO, Texas — The City of Cisco is working to get their debts paid off. In a press release, the City announced they have paid off two debts with contingency funds and a third debt is being evaluated by their legal counsel. The Cisco City Council… Article Source https://ktxs.com/news/local/cisco-makes-headway-in-debt-resolution-pays-off-two-major-debts

Is Broadcom (NASDAQ:AVGO) Using Too Much Debt?

Is Broadcom (NASDAQ:AVGO) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.’ It’s only natural to consider a company’s balance sheet… Article Source https://simplywall.st/stocks/us/semiconductors/nasdaq-avgo/broadcom/news/is-broadcom-nasdaqavgo-using-too-much-debt-1

Azure Prepays $350 Million Debt After Refinancing Deal with REC

Azure Prepays 0 Million Debt After Refinancing Deal with REC

Azure Power Global has announced the completion of its ₹24 billion (~$285.54 million) refinancing transaction, structured as a term loan underwritten by REC Limited. Following this transaction, the company has prepaid its green bonds, issued… Article Source https://www.mercomindia.com/azure-prepays-350-million-debt-after-refinancing-deal-with-rec

Cisco City Council addressing unforeseen debt and City Manager resignation – KTAB – BigCountryHomepage.com

Cisco City Council addressing unforeseen debt and City Manager resignation  KTAB – BigCountryHomepage.com Article Source https://www.bigcountryhomepage.com/news/cisco-city-council-addressing-unforeseen-debt-and-city-manager-resignation/

City of Cisco to conduct forensic investigation into approximately $780,000 in unpaid debt

City of Cisco to conduct forensic investigation into approximately 0,000 in unpaid debt

CISCO, Texas — The City of Cisco held a city council meeting Tuesday night after the City Manager recently resigned and the city discovered unpaid debts. About 45 people attended the meeting and a few of them brought up concerns about… Article Source https://www.ktxs.com/news/local/city-of-cisco-to-conduct-forensic-investigation-into-approximately-780000-in-unpaid-debt