Nvidia sells $25 billion in bonds in its biggest debt deal yet
What's new: The chipmaker marketed seven maturities from 2 to 30 years, and early trading stayed near the sale price.
Bloomberg, CNBC
What's new: The chipmaker marketed seven maturities from 2 to 30 years, and early trading stayed near the sale price.
What's new: The chipmaker could push the deal closer to $25 billion as it funds general operations and refinances debt.
What's new: Jensen Huang framed the sell-off as a discount buy, while South Korea's Kospi fell on retreating AI bets.
Why it matters: Tight supplies of memory, wafers and packaging could keep pressure on AI hardware production for several years.
What's new: Marvell rose 5% and Flex gained 4% after the index change, underscoring tech's growing weight in US equities.