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Even Nvidia Is Participating In The AI Borrowing Boom

Even Nvidia Is Participating In The AI Borrowing Boom

Posted June 17, 2026 at 11:45 am

Reda Farran
Finimize

And it doesn’t exactly need the money.

Nvidia just joined its tech giants peers in borrowing to fund AI infrastructure.

The chipmaker pulled off a massive $25 billion bond sale this week – its first since 2021 – and a staggering $85 billion in investor orders flooded in, forcing the company to upsize the deal from an initial $20 billion target.

That’s three times oversubscribed, if you’re keeping score.

Nvidia is riding the same debt-market wave as Alphabet and Amazon, which have been tapping bond markets to bankroll the data centers that are powering the AI boom.

The difference: Nvidia is both a key supplier and a strategic investor in the ecosystem – it’s already backed OpenAI to the tune of $30 billion, put $10 billion into Anthropic, and taken a $5 billion stake in Intel.

And Nvidia itself is expected to generate over $200 billion in free cash flow this fiscal year.

So the question is: why borrow when you’re already essentially printing money?

The answer is simple: cheap debt is hard to pass up. A US-Iran ceasefire recently sent bond markets rallying, pushing borrowing costs down to their lowest since February.

For Nvidia, locking in long-dated, low-cost financing sharpens its competitive edge without denting its AA credit rating.

Originally Posted June 16, 2026 – Even Nvidia Is Participating In The AI Borrowing Boom

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