Broadcom is negotiating a debt package of between $70 billion and $80 billion to help finance artificial intelligence chip deals, with companies including Anthropic in line for support, according to people familiar with the matter.
The discussions were confirmed by CNBC’s David Faber on Thursday morning. The senior tranche of the financing, which would be repaid first, is expected to land around $45 billion, while the junior tranche is projected at roughly $35 billion, though those numbers remain fluid, sources said.
Bloomberg first reported the deal on Thursday, noting that the total could climb as high as $100 billion and that Blackstone and Apollo Global Management are among the firms in talks to participate.
Chipmakers are seeking historic levels of capital to bankroll the AI buildout and meet increasing demand for new models and workloads. In June, Broadcom introduced an AI platform designed to deliver 20 gigawatts of computing power for Anthropic and OpenAI. Blackstone and Apollo led the initial $35 billion financing round.
Nvidia, the leading maker of AI chips, said this week it will provide up to $105 billion to finance a new data center for OpenAI in Ohio, per a securities filing. A week earlier, Nvidia announced it was partnering with six large asset managers on a $500 billion financing push aimed at treating compute infrastructure as a new asset class.
Broadcom shares rose a little more than 1% on Friday.
