Chipmaker Nvidia seeks to raise over $25B in first bond deal since 2021 Chipmaker Nvidia is planning its first bond sale in five years, seeking to raise $25 billion by issuing debt with maturities ranging from two to 30 years. This significant issuance, upsized from $20 billion due to strong demand, aims to fund general corporate purposes and refinancing, despite recent market fatigue with tech financing. The company’s dominant position in the AI sector, coupled with its substantial investments in AI companies, has generated immense free cash flow, though its market valuation has seen recent declines.

• Nvidia plans to sell $25 billion in investment-grade debt, its first bond sale in five years.
• The offering was upsized from $20 billion due to over $85 billion in orders.
• Proceeds will be used for general corporate purposes, including debt repayment and refinancing.
• The issuance comes as tech companies race for funding amid an AI arms race.
• Nvidia’s substantial free cash flow is driven by its critical role in supplying AI chips.
• Concerns exist about concentrated risks among AI investors due to financial guarantees and interdependence. Continue reading https://arstechnica.com/ai/2026/06/chipmaker-nvidia-seeks-to-raise-over-25b-in-first-bond-deal-since-2021/