Nvidia Borrows $25 Billion, Joining the Customers It Sells AI Chips To (opens in new tab)

Nvidia sold $25 billion of bonds, its first investment-grade offering in five years, and investors put in $85 billion of orders. The company that profits most from the AI boom is now borrowing to help fund it, joining a Big Tech debt wave bankrolling more than $700 billion in AI spending this year.