EconomyElon Musk said SpaceX has completed a $40 billion debt deal to fund chips for its artificial intelligence ambitions. People familiar with the discussions told Bloomberg News that pricing talks were still underway.
EconomyElon Musk said SpaceX has completed a $40 billion debt deal to fund chips for its artificial intelligence ambitions. People familiar with the discussions told Bloomberg News that pricing talks were still underway.
EconomyPIMCO strategist and portfolio manager Tony Crescenzi says rising US interest costs and a selloff in CoreWeave debt show bond investors are imposing stricter discipline on borrowers, especially companies with uncertain cash flows. He says divided government after the midterms could support markets and the AI investment cycle has further to run.
EconomyBroadcom is planning another major deal after launching $60 billion in debt financing to help fund Anthropic’s AI build-out. It is in early financing talks related to OpenAI chips.
EconomyUS equity futures slipped after the S&P 500 set a record, while oil climbed as traders assessed reports of increased Iranian attacks on vessels in the Strait of Hormuz. SpaceX is reportedly discussing a $40 billion fundraising with banks and investors to buy Nvidia chips, potentially one of the largest debt financings for AI development.
Economy48:50SpaceX is in talks with banks and investors to raise $40 billion to buy Nvidia chips, Bloomberg has learned, in a deal that could rank among the largest debt financings for the AI buildout. Stocks halted a rally and global bonds fell as attacks on Middle East tankers lifted oil prices. Iran has stepped up tanker attacks in the Strait of Hormuz in recent days.
EconomyBloomberg reports that SpaceX is in talks to borrow $40 billion to purchase Nvidia chips, potentially creating one of the largest-ever debt financings for the AI buildout. Oil prices rose as traders assessed Iran’s stepped-up attacks around the Strait of Hormuz.
Economy2:07Elon Musk’s SpaceX is discussing a $40 billion fundraising with banks and investors to purchase Nvidia chips, according to people familiar with the matter. Pimco is among the investment managers examining the deal.
EconomyBloomberg’s Asia Trade program previews the key stories shaping markets at the start of the Asian trading day. The S&P 500 reached a record high on earnings optimism, while SpaceX is looking to raise $40 billion to buy Nvidia chips and Asian stocks remain near record levels.
EconomyBroadcom’s Wall Street banking syndicate is beginning to assemble $60 billion in new AI-chip financing, with Anthropic and other companies set to benefit, according to people familiar with the matter.
TechThis week’s major market stories include Nvidia’s multibillion-dollar purchase of platform developer Hugging Face and Shein’s lackluster initial public offering.
TechTech correspondent Stephen Nellis explains why Nvidia plans to buy the popular developer platform Hugging Face for $12.93 billion, even as the chipmaker’s biggest customers develop their own chips to reduce their reliance on Nvidia.
TechNvidia agreed to acquire artificial-intelligence startup Hugging Face for about $13 billion, bringing its popular software platform into the chipmaker’s AI business. The deal includes up to $1 billion in equity-based retention incentives for Hugging Face employees who join Nvidia, according to a Thursday statement.
TechNvidia is making another major artificial-intelligence bet with a nearly $13 billion deal for Hugging Face. The program also covers Blackstone again capping private-credit redemptions, Elliott’s challenge to Deutsche Telekom’s T-Mobile strategy, and changing travel demand and rising costs.
TechNvidia is investing $3.5 billion in MediaTek, deepening its collaboration with the Taiwanese chipmaker. The move comes as Nvidia works to persuade more companies to build chips that connect to its dominant data-center ecosystem. CEOs Jensen Huang and Rick Tsai discuss the deal in an exclusive interview.
TechNvidia CEO Jensen Huang and MediaTek CEO Rick Tsai discuss expanding their partnership. Nvidia is investing $3.5 billion in the Taiwanese chipmaker.
TechNvidia says it will invest $3.5 billion in Taiwanese chipmaker MediaTek by purchasing bonds that can be converted into MediaTek shares.
EconomyGene Munster, managing partner at Deepwater Asset Management, calls Nvidia’s recent performance “breathtaking” and forecasts a 90% increase in the company’s revenue for calendar year 2027.
TechWith investors nervous that the AI trade may be winding down, Nvidia delivered an upbeat outlook in its latest earnings report. CEO Jensen Huang said demand for the company’s AI accelerators continues to grow, strengthening expectations that companies and countries will keep ramping up investment in AI infrastructure.
EconomyThe Nasdaq outperformed other major indexes at the close after Nvidia’s strong revenue forecast reaffirmed the strength of the artificial-intelligence boom and drove gains in technology shares.
EconomyBloomberg Television presents news and analysis around the closing bell on Wall Street, focusing on Nvidia’s rally, the AI trade and a preview of Jackson Hole, with finance and corporate executives among the guests.
TechNvidia said its revenue for the most recent three-month period exceeded Wall Street expectations, rising 106%. A data center boom is driving strong demand for the company’s advanced artificial intelligence chips.
EconomyNvidia’s blockbuster earnings report lifted technology stocks and renewed confidence in the AI trade that has powered the U.S. bull market. Bloomberg’s Ian King reviews the results, while Michael McKee joins from Jackson Hole as markets await Fed Chair Kevin Warsh’s Friday remarks.
EconomyNvidia delivers a powerful AI-driven growth outlook, lifting markets and fueling debate over the next wave of adoption. The program also examines AI agent security, enterprise demand and Kevin Warsh’s closely watched upcoming appearance at Jackson Hole.
TechNvidia says revenue is expected to rise about 70% in the next fiscal year as AI demand remains strong, easing concerns that spending on the technology may be losing momentum. CFRA Research’s Angelo Zino discusses the company’s earnings and other technology headlines.