{"id":740336,"date":"2026-06-16T11:00:22","date_gmt":"2026-06-16T11:00:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/740336\/"},"modified":"2026-06-16T11:00:22","modified_gmt":"2026-06-16T11:00:22","slug":"nvidia-to-raise-20-billion-through-u-s-bond-issuance-source-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/740336\/","title":{"rendered":"Nvidia to raise $20-billion through U.S. bond issuance, source says"},"content":{"rendered":"<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/GTQKUSBW4FFTXKNPCGYJJL2PRM.JPG?auth=e35342d34bb6d3e1d5598b2dc4c4e19939052de1253ae19fe5c5fdddd7fe387f&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"0\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">Nvidia&#8217;s corporate headquarters in Santa Clara, Calif. in May, 2022. Big Tech companies have signalled that spending on AI would not slow down.NVIDIA\/Reuters<\/p>\n<p class=\"c-article-body__text text-pr-5\">Nvidia <a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/NVDA-T\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/NVDA-T\/\">NVDA-T<\/a> will raise US$20-billion through a U.S. bond issuance, a source told Reuters on Monday, tapping the debt market to fund the massive capital requirements to produce cutting-edge AI chips.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The AI chip leader has not accessed investment grade bond market in five years, previously raising US$5-billion in June 2021, the source familiar with the matter said, declining to be named as the plan was still private. The bond consists of seven tranches of notes, maturing as late as 2056, according to a term sheet seen by Reuters. A company spokesperson said Nvidia aims to use the proceeds for general corporate purposes, including the repayment and refinancing of outstanding notes.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Big Tech companies have signalled that spending on AI would not slow down, with combined outlays set to surpass US$700-billion this year, up from around US$400-billion in 2025.<\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/business\/article-nvidia-ai-data-centre-sk-hynix-naver-doosan\/\" rel=\"nofollow noopener\" target=\"_blank\">Nvidia announces AI data centre deals with SK Hynix, Naver and Doosan<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">Meta in October filed for its largest bond offering of up to US$30-billion, while Alphabet last month disclosed its plans to sell Japanese yen-denominated bonds for the first time.<\/p>\n<p class=\"c-article-body__text text-pr-5\">While Nvidia has not been building large-scale data centres, its chips, which are used in those servers, are seeing red-hot demand from companies looking to train, and run increasingly advanced models.<\/p>\n<p class=\"c-article-body__text text-pr-5\">In order to keep pace with the fast-evolving AI sector, Nvidia has been investing heavily in building the most advanced processors, now releasing a new family of chips every year, each with higher AI capabilities than the last.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The company has US$13.24-billion in cash and cash equivalents as of quarter ended April 2026. Nvidia shares were up 2 per cent in early trading.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Goldman Sachs, J.P. Morgan and Morgan Stanley are the bookrunners.<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: Nvidia&#8217;s corporate headquarters in Santa Clara, Calif. in May, 2022. Big Tech companies&hellip;\n","protected":false},"author":2,"featured_media":482091,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,901,276,277,888,902,879,877,903,49,48,876,895,896,891,878,875,46,549,295,894,887,914,880,881,893,889,890,884,904,885,909,910,912,907,911,905,908,882,898,899,714,897,906,865,61,900,892,886,883,913],"class_list":["post-740336","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-alberta","tag-artificial-intelligence","tag-artificialintelligence","tag-arts-news","tag-bc","tag-breaking-news","tag-breaking-news-video","tag-british-columbia","tag-ca","tag-canada","tag-canada-news","tag-canada-sports","tag-canada-sports-news","tag-canada-trafficcanada-weather","tag-canadian-breaking-news","tag-canadian-news","tag-economy","tag-education","tag-environment","tag-federal-government","tag-foreign-news","tag-globe-and-mail","tag-globe-and-mail-breaking-news","tag-globe-and-mail-canada-news","tag-government","tag-life-news","tag-lifestyle","tag-local-news","tag-manitoba","tag-national-news","tag-new-brunswick","tag-newfoundland-and-labrador","tag-northwest-territories","tag-nova-scotia","tag-nunavut","tag-ontario","tag-pei","tag-photos","tag-political-news","tag-political-opinion","tag-politics","tag-politics-news","tag-quebec","tag-sports-news","tag-technology","tag-travel","tag-trudeau","tag-us-news","tag-world-news","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/740336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=740336"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/740336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/482091"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=740336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=740336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=740336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}