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AI companies and their infrastructure partners are increasingly turning to debt financing to fund massive chip purchases as they expand AI capacity. A...
TradingKey - On October 7 ET, The Wall Street Journal reported, citing people familiar with the matter, that Broadcom (AVGO) is arranging over $50 billion in financing for a custom AI chip project in partnership with OpenAI, while Oracle (ORCL) is also in talks for large-scale chip procurement financing.