Nvidia is joining the AI borrowing frenzy
Nvidia is selling $20 billion in bonds for the first time since 2021
The chipmaker is joining Alphabet, Amazon, and other tech giants in tapping debt markets to fund the AI buildout
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Nvidia $NVDA is selling at least $20 billion in bonds Monday, its first debt offering in five years, according to Bloomberg.
Structured across seven tranches, the deal spans maturities from two years out to 30. The yield on the longest-dated portion is being discussed at around 0.9 percentage points above Treasuries. Proceeds will be used in part to refinance existing debt. The........
